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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.
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.
Gold Silver Reports — A group of United Nations experts said it’s gathered evidence that a sanctioned Congolese military officer owns gold mining operations in the northeast of the country, contravening the country’s mining code.
Gold Silver Reports — Titan Co. Ltd., India’s top maker of branded jewelry by market value, expects sales from its Tanishq stores to rise 30 percent this fiscal year as the country’s tax overhaul helps to attract more customers and the company expands its network. The shares rose to a record even as bullion prices fell.
Gold Silver Reports — Hedge fund manager Ray Dalio recommends investors consider placing 5 percent to 10 percent of their assets in gold as a hedge against current political and economic risks.
Gold Silver Reports — Gold climbed to the highest since mid-June, pushing up mining-company shares amid military tensions between the U.S. and North Korea.
Gold Silver Reports — Gold imports by India are said to have risen in July on arrival of some delayed shipments booked ahead of the implementation of a new national goods and services tax on the first of last month, according to a person familiar with the information.