Gold Silver Reports — Gold futures broke above $1,300 an ounce, rising to the highest level since November, as global stocks dropped and investors fretted that turmoil in the White House will prevent President Donald Trump from delivering on his legislative agenda.
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New Currency in Race to Remake One of World’s Oldest Markets
Gold Silver Reports — The blockchain revolution is gunning for the gold market. — Public online ledgers that emerged from the explosive markets for bitcoin, a virtual currency, already have drawn the attention of businesses from banks to retailers who see blockchain systems as a revolutionary way to verify and record transactions. Now, companies including exchange owner CME Group Inc., IEX Group Inc. spinoff TradeWind Markets and financial technology firm Paxos are rolling out similar platforms to bring gold into the digital age.
Kingsgate Surges as Thailand Lifts Gold Mine’s Suspension
Gold Silver Reports — Kingsgate Consolidated Ltd., the Australian producer that shuttered Thailand’s biggest gold mine following a licensing dispute, advanced the most in 18 months after the Asian nation’s government said a suspension had been lifted.
Global Gold Prices Firm ahead of Fed Minutes
Gold on Earth Drop Below Rs 30000, Silver Plunges Rs 800
Gold Silver Reports — Gold moved on a slippery track on Wednesday, settling below the Rs 30,000-mark by plunging Rs 300 to Rs 29,750 per 10 grams, in a sign of subdued overseas trend as well as local demand.
The Investment Bank Tipping Gold to Hit $1,400
Gold Silver Reports — Gold prices are set to jump to a four-year high of $1,400 an ounce by the end of the year over mounting tensions between North Korea and the U.S., and surging demand in the world’s biggest consumers, according to the head of precious metals at a Russian investment bank.
Global gold prices fall on rising risk appetite as North Korea tensions ease
Gold Silver Reports — Global gold prices fell on Tuesday as easing tensions between the United States and North Korea pushed investors to seek riskier assets such as equities.