Gold Silver Reports — Having waited patiently for the “any-minute-now” moment, gold investors are taking comfort from the recent rise in price in response to geopolitical tensions. Yet the responsiveness of gold, as well as the overall price, appears weaker than would have been expected from historically based models — and for understandable reasons. The precious metal’s status as a haven has been eroded by the influence of unconventional monetary policy and the growth of markets for cryptocurrencies.
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RBI Sends Second List of 26 Defaulters to Banks
Gold Silver Reports — The Reserve Bank of India (RBI) has sent commercial banks a second list of at least 26 defaulters with which it wants creditors to start the process of debt resolution before initiating bankruptcy proceedings, three bankers aware of the development said.
RBI Minutes Show Policy Makers’ Push For Market Transmission
Ex-NASA Agent Fears Gold Lunar Module Will Be Melted Down
Gold Silver Reports — Ohio police say a rare gold replica of the lunar space module has been stolen from the Armstrong Air and Space Museum.
Gold at Four-Month Low as U.S. Jobs Rise makes Rate Hike Likely
Gold Silver Reports — Gold fell to the lowest in nearly four months on Friday after stronger than expected United States jobs data increased the likelihood of another U.S. interest rate increase and the dollar rose.
Another Bullion Flash Crash Is Testing Traders
Gold Silver Reports — After-hours surges and plunges that have whipsawed gold and silver prices over the past 2 weeks are unnerving traders.
Gold Sags on Rise in Bond Yields, Silver Plunges on Volume Spike
Gold Silver Reports — Precious metals are getting beaten up by the bond rout.