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Gold Silver Reports — Gold Prices Drop on Weak Global Cues, Low Demand — Gold prices fell by Rs50 to Rs30,850 per 10 gram at the bullion market on Saturday on weak cues from overseas markets and fall in demand from local jewellers at domestic spot market. Silver followed suit and eased by Rs200 to Rs41,400 per kg due to reduced offtake by industrial units and coin makers.
Gold Silver Reports — Gold Prices Resist Selling Pressure, Global Growth Hopes Limit Support — Gold has edged lower, although overall selling pressure has still been limited with the dollar unable to gain traction against European currencies. There are still net downside risks for prices given global growth hopes.
Gold Silver Reports — Gold Prices Edge Lower, Dollar Revival Continues To Sap Support — Renewed dollar gains have triggered some selling pressure on gold, although overall selling pressure has remained limited amid underlying reservations surrounding North Korea.
Gold Silver Reports — Gold prices jumps Rs650 on demand push, retake Rs31,000 level — Gold prices on Thursday took strength from a positive trend overseas by surging Rs650 per 10 grams to seize the Rs31,000 level, driven up by fresh local buying. But silver fell sharply by Rs350 to Rs41,500 per kg, mainly due to softening demand by industrial units and coin makers.
Gold Silver Reports — Oil up on OPEC output Decline; U.S. Refinery Restarts — Oil prices rose on Tuesday after OPEC forecast higher demand in 2018 and Russia and Venezuela confirmed their commitment to a production-cutting deal to reduce the global crude glut.
Gold Silver Reports — China Gold Firms Pursue $1.5 Billion Indonesia Mine – Shandong Gold Group, one of biggest Chinese miners of the metal, is among firms considering bids for EMR Capital’s Indonesian gold and silver mine, people with knowledge of the matter said.
Gold Silver Reports — Gold Rallies to a One-Year High and Spurs Record Trading Volume — Gold has pulled in traders like never before on its way to the highest price in a year. Volume on the Comex in New York, the largest bullion futures exchange, hit a record in August as North Korean tensions and a weaker dollar boosted demand for the metal.