Gold Silver Reports – Gold Prices Fail to Sparkle in Mumbai on Diwali – Gold prices slumped for the second day by Rs120 per 10 grams at the bullion market in Mumbai on Wednesday, taking weak cues from global market amid slackened demand from jewellers and retailers.
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Dhanteras Gold Sales Fall 30%
Gold Silver Reports – Gold demand remained subdued this Dhanteras, with overall sales falling by 30% compared with the 2016 festival season, but consumer purchases were higher than those recorded during Navratri and Dussehra late last month.
Gold Prices Very Very Soon 28000
Gold Silver Reports – Gold Prices Very Very Soon 28000 – The volatility in gold markets continues to spook investors with host of factors ranging from the nuclear prowess of the North Korean peninsula and the words of war exchanged by the two nations, followed by the interest rate hike by the US Federal Reserve, which many in the markets feel will happen as soon as December. The aftermath of the hurricane IRMA and Harvey also added to the momentum in the gold prices.
Gold Spot Price Report October 17, 2017
Gold Silver Reports – Gold Spot Price Report October 17, 2017 – Gold markets have shown a bit of strength during the Monday session, as we continue to hang above the $1300 level.
Gold Kiss a Wall and Turns Lower
Gold Silver Reports – Gold Kiss a Wall and Turns Lower – Gold seemed to hit a wall on Monday around the 1305.00 U.S Dollars an ounce level and sunk lower.
Londons Gold Crown Is Slipping
Gold Silver Reports – Londons Gold Crown Is Slipping – New rules from regulators, on top of uncertainties over the U.K.’s future relationship with the European Union, are denting the city’s position as the biggest center for gold trading in the world. The changes threaten to push up costs, a key competitive advantage of London’s over-the-counter market.
Gold Rises on Firm Global Cues, Festive Season Buying
Gold Silver Reports – Gold Rises by Rs50 to Rs30,850 per ten gram at the bullion market on Saturday largely on positive cues from overseas and increased buying by local jewellers.