Gold Silver Reports (GSR) – Spot gold rose 0.26% to $1,240.72 per ounce, having earlier reached $1,244.32 per ounce, its highest since July 17. US gold futures were 0.28% higher at $1,246.10 per ounce.
Bullion MARKET
Gold Prices Today Rise to 6 Year High But Silver Edges Lower
Gold Silver Reports (GSR) – Some traders however fear that higher prices could hit demand for gold during this festive season.
Gold Silver Prices Up in Azerbaijan – GSR
The price of gold increased by 1.4535 manats to 2,029.7575 manats per ounce in the country on Sept. 11, compared to the price on Sept. 10.
Watch Gold Spot $1204 Not Cross or Tumbled $1194.20, Watch Power of Level – Neal Bhai Reports
Watch Gold Spot $1204 Not Cross or Tumbled $1194.20
Gold Spot Last Update and Report : Gold Spot Report – If Gold Hold and Close Above $1204 – We See Only Blast 1000% Blast, Aur Kuch Nai – Neal Bhai Reports >>> “No Magic, No Miracle, Just Power of Level”
Russia is Dumping Its US Bonds for Gold, But Where Is It Storing Its Bullion?
Gold Silver Reports (GSR) – Russia’s gold reserves rose to 1,944 tons as of June 2018, up from less than 500 tons just a decade ago. The holdings, amounting to over 17 percent of Russia’s total foreign reserves, were shored up in part by offloading some $77 billion worth worth of its US Treasury bills, bonds and notes over the last six months or so.
Gold Price Maintains Uptrend on Global Cues, Jewellers’ Buying
Gold Silver Reports (GSR) – In the national capital, gold of 99.9% and 99.5% purity advanced by ₹130 each to ₹30,970 and ₹30,820 per 10 grams, respectively. The precious metal had gained ₹40 in the last two days. Sovereign, however, remained unchanged at ₹24,700 per piece of eight grams.
Gold Price Sell-off Deepens Despite Rising Tariff, Trade War Concerns
Gold Silver Reports (GSR) – Gold Price Sell-off Deepens Despite Rising Tariff, Trade War Concerns – Gold prices posted an outside weekly reversal off resistance off yearly open resistance earlier this month with the subsequent decline now approaching a series of parallels which could offer some near-term support. The region of interest is $1255/60. Keep in mind that weekly momentum has fallen to its lowest levels since January 2017 and further highlights the downside risk for bullion.