US President Donald Trump has blamed the Organization of the Petroleum Exporting Countries (OPEC) for high crude prices and called on it to boost output to bring down fuel costs before the US Congressional elections on 6 November.
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Gold Prices Hit over 1 Week High on Soft Dollar – Gold Silver Reports
Global gold prices hit highest in more than a week on Wednesday as the dollar softened and demand for the safe-haven metal got a boost on concerns surrounding Italy’s plans to tackle budgetary deficit. Risk appetite was hit after European Union (EU) officials expressed concerns about Italy’s budget plan, which would widen the deficit significantly.
Gold Trapped in Tight Range – Gold Silver Reports
Spot gold edged 0.3 percent higher to $1,191.41 per ounce, having fallen to a more than six-week low of $1,180.34 on Sept. 28. U.S. gold futures rose 0.2 percent to $1,194.10.
Gold, Silver Zoom After Stocks Sell-off – Gold Silver Reports
Spot gold jumped 1.3 per cent to $US1,202.81 per ounce overnight, and was on track to post its biggest one-day percentage gain since August 24.
Euro Gold Price Jumps 3% – Gold Silver Reports
Gold Silver Reports (GSR) — GOLD PRICES rose against all major currencies but leapt versus the Euro on Tuesday as the coalition government in Italy refused to cut its 2019 budget deficit plans in defiance of senior European Union figures.
BSE Launches Commodity Derivative Contracts in Gold & Silver – Gold Silver Reports
Leading bourse BSE Monday became the first stock exchange in the country to launch the commodity derivative contracts in gold and silver.