Global Gold Prices Rise on Increasing US Protectionism Concerns

Gold Silver Reports (GSR) – Global Gold Prices Rise on Increasing US Protectionism Concerns — Gold prices rose on Wednesday to a one-week high on a weaker dollar following US secretary of state Rex Tillerson’s sudden dismissal, which invigorated concerns of protectionist policies hampering global risk appetite.

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HDIL Falls After Report Says Case Filed On Mumbai Unit For Fraud

Gold Silver Reports (GSR) – HDIL Falls After Report Says Case Filed On Mumbai Unit For Fraud — Shares of the Mumbai-based real estate developer fell as much as 7 percent to Rs 41.40 after Maharashtra’s housing authority accused Guruashish Construction, a subsidiary of HDIL for selling chunks of its land to other developers and failing to build 3,000 flats for public housing, The Times of India newspaper reported.   

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