Gold Silver Reports — Safety-deposit boxes in leafy west London to high-security facilities housing gold and silver in Frankfurt, companies that store valuables are expanding to meet demand.
New Gold Rush Is All About Vaults
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Commodity News – Real-time Accurate MCX Commodity Market News and forecast for today. Best commodity market online tips through whatsapp and telegram by Neal Bhai.
Gold Seen Rising to Four-Year High as Fed ‘Gentle’ on Rates
Gold Silver Reports — Gold may extend gains after climbing to the highest level in six weeks following disappointing monthly reports on U.S. employment and wages, according to two analysts attending a conference in Singapore this week.
Gold Up High on Political Risks
Gold Silver Reports — Gold rose to its highest in seven weeks on Tuesday as weak economic data in the United States reduced expectations of rapid U.S. interest rate rises this year, pushing the dollar to a seven month-low and lowering U.S. bond yields.
London’s Gold Benchmark Hit by Volatility After Banks Exit
Gold Silver Reports — London’s gold benchmark experienced large, unpredictable fluctuations after some banks left the auction that sets the price relied upon by the $5 trillion-a-year bullion market, according to trading data.
Metals Slide on China
Gold Silver Reports — European stocks edged higher, even as mining companies retreated with industrial metals following China’s credit-rating downgrade. The euro and dollar steadied as investors awaited fresh clues on the path for U.S. borrowing costs.
OPEC on Verge of 9-Month Cuts Extension After Iraq Backing
Gold Silver Reports — OPEC and its allies were poised to continue their production cuts for another nine months after Iraq backed an extension, removing one of the last remaining obstacles to an agreement.
India’s Working With World Gold Council to Create a Spot Exchange
Gold Silver Reports — The World Gold Council is working with the Indian government on plans to create a local physical spot-gold exchange that may start up as soon as next year.