Demand for gold, realty still subdued despite meltdown in equities market

Gold Silver Reports – Demand for gold, realty still subdued despite meltdown in equities market — Despite the meltdown in equities, other competing assetclasses like gold, real estate and fixed income may not have become attractive options for investors yet. Indian markets, which gained around 27% in 2017, have slumped nearly 7% in the last sixtrading sessions. Stocks in the US, Asia and other global markets too have seen a sharp sell-off this week.

READ MORE →

Gold Prices Edge up on Global Cues, Jewellers’ Buying

Gold Silver Reports  – Gold Prices Edge up on Global Cues, Jewellers’ Buying — Gold prices edged higher by Rs20 to Rs31,270 per 10 grams at the bullion market on Monday, backed by a firm trend overseas and fresh buying by local jewellers. However, silver prices dropped further by Rs300 to Rs39,500 per kg due to reduced offtake by industrial units and coin makers.

READ MORE →