Gold Silver Reports – Gold prices inched up on Thursday, helped by a weaker dollar as investors waited for the nomination of a new US Federal Reserve chair and the unveiling of US tax reform legislation later in the day.
Gold Investors Weigh `Dove’ Powell for Fed Chief as Prices Hold
Gold Siilver Reports – Gold Investors Weigh `Dove’ Powell for Fed Chief as Prices Hold – Gold held gains as investors contemplated the prospect of Jerome Powell taking the top job at the Federal Reserve.
Fed Keeps Rates Unchanged, Remains on Road to December Hike
Gold Silver Reports – The Federal Reserve kept interest rates unchanged on Wednesday and pointed to solid U.S. economic growth and a strengthening labor market while playing down the impact of recent hurricanes, a sign it is on track to lift borrowing costs again in December.
For Stock Market, Powell Seen Holding Yellen Line as Fed Chief
Gold Silver Reports – For Stock Market, Powell Seen Holding Yellen Line as Fed Chief – Investors enjoying the fruits of a decade-long bull market in equities expect to find an ally in Jerome Powell, who President Donald Trump plans to nominate to lead the Federal Reserve according to three people familiar with the decision.
US Fed Signals December Rate Hike on Track as Trump Weighs Next Chair
Gold Silver Reports – US Federal Reserve (US Fed) officials voted unanimously to leave interest rates unchanged while signalling they remain on track to hike once more this year, a day before President Donald Trump plans to unveil his choice to lead the US central bank.
Gold Prices Plunge on Muted Demand, Weak Global Cues
Gold Silver Reports – Gold prices fell by Rs105 to Rs30,275 per 10 gram at the bullion market on Wednesday owing to slackened demand from local jewellers amid a weak trend overseas. Silver followed suit and tumbled by Rs250 to Rs40,000 per kg due to reduced offtake by industrial units and coin makers.
Gold Prices and Lower, Silver Extends Gain in Mumbai
Gold Silver Reports – Gold edged lower in listless trade at the bullion market in Mumbai Tuesday due to lack of buying interest from stockists and retailers.