Gold Prices Slump ₹ 270 on Slow Demand

Gold Silver Reports (GSR) – Global spot gold rate was down 0.1% at $1,256.79 an ounce after touching its highest since 26 June at $1,265.87 in the previous session. US gold futures for August delivery were 0.2% lower at $1,257.40 an ounce.

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Gold Prices Hold at ₹ 31,650 per 10 grams, Silver prices Rise by ₹ 250

Gold prices rise over 4% in January 2025

Gold Silver Reports (GSR) – Gold prices remained steady today at Rs 31,650 per 10 grams, while silver prices rose by Rs 250 to Rs 40,750 per kg following increased offtake by industrial units and coin makers amid firm global cues, reported news agency PTI. However, in global markets, gold prices hit a near two-week high as investors covered their short positions and the dollar slipped to its weakest since mid-June, while lingering US-China trade tensions also supported the metal. In Delhi, gold rates of 99.9% and 99.5% purity were steady at Rs 31,650 and Rs 31,500 per 10 grams, respectively.

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Gold Price Up : Bullion Traders Await U.S. Jobs Report

Gold prices rise over 4% in January 2025

Gold Silver Reports (GSR) – The U.S. and China remain headed for the Friday showdown on putting into effect their already-announced trade sanctions against each other. A Chinese official said Thursday the U.S. is firing shots to the world, including itself,” on the trade matter.

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Trump Says U.S. Tariffs Could be Applied to Chinese Goods Worth $500 Billion

Trump does dirty business again

Gold Silver Reports (GSR) – Trump Says U.S. Tariffs Could be Applied to Chinese Goods Worth $500 Billion – Trump confirmed that the United States would begin collecting tariffs on $34 billion in Chinese goods at 12:01 a.m. Washington D.C. time (0401 GMT) on Friday and warned that subsequent rounds could see tariffs on more than $500 billion of goods, or roughly the total amount that the United States imported from China last year.

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