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Gold Silver Reports (GSR) – Equities in Japan, South Korea and Australia rose after the S&P 500 Index climbed for a third day toward the upper end of its trading range.
Stocks in Asia extended recent gains from a nine-month low, and followed U.S. shares higher, amid optimism the upcoming earnings season will be sufficiently robust to overshadow a rise in trade tensions.
Gold Silver Reports (GSR) – Gold prices remained steady today at Rs 31,650 per 10 grams, while silver prices rose by Rs 250 to Rs 40,750 per kg following increased offtake by industrial units and coin makers amid firm global cues, reported news agency PTI. However, in global markets, gold prices hit a near two-week high as investors covered their short positions and the dollar slipped to its weakest since mid-June, while lingering US-China trade tensions also supported the metal. In Delhi, gold rates of 99.9% and 99.5% purity were steady at Rs 31,650 and Rs 31,500 per 10 grams, respectively.
Gold Silver Reports (GSR) – Dollar index now down by more than 0.2% – And it is falling below the 38.2 retracement level @ 93.81 as highlighted earlier here. The continued selling momentum in the dollar following the US jobs report extends to the new week. EUR/USD just touched a session high of 1.1781 while the dollar is at the lows against the aussie, swissie, and sterling as well.
Gold Silver Reports (GSR) – Karnataka Bank Share Price Surges Over 5%; Volume Doubles – Shares of the Mangalore-based private sector lender rose as much as 6.35 percent to Rs 117.25 on the back of heavy volumes….
Trading volumes was more than double its 20-day average…
Gold Silver Reports – Fortis Healthcare Sahre Price Surges On Report IHH Likely To Take Control – Shares of the country’s second largest hospital chain operator rose as much as 3.8 percent to Rs 143.80 as IHH is likely to take control of Fortis Healthcare, Mint reported citing two unidentified people aware of the matter.