Spot gold prices in India (Rs. 51360) have increased since yesterday(Rs. 51350). Also, it was above the average gold price observed this week (Rs. 50614.29) by 1.47%.
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Gold Hits Two-Month High as Dollar Face Pressure
Gold price pushed above $1,900 an ounce to hit the highest level in almost two months, aided by a weaker dollar, after posting the biggest annual advance in a decade. Silver price also surged on the first full trading day of the new year.
Asia Money Managers Buy Gold, China Stocks to Hedge Election
Money managers in Asia are deploying a range of traditional and unconventional strategies to cushion any losses as they brace for turbulence in the lead-up and aftermath of the U.S. presidential election.
Gold’s Rally to Give Way to Biggest Jeweler Share Sale in India – Gold Silver Reports (GSR)
Gold’s record-setting rally is set to give wings to the largest initial share sale by an Indian jeweler, helping it overcome tumbling demand in the second-biggest consuming nation.
Gold prices Hit Life Time high Above Rs 46,300 per 10 grams
gold futures for June delivery rose 0.85% to Rs 45,680 per 10 grams as against the previous close of Rs 45,294 and openingprice of Rs 45,800 on the Multi Commodity Exchange (MCX). It was at Rs 46300.00 and hadgained 1.45%.
Silver MCX Today Tips – Watch 43750 to High 44049, Intraday Traders Enjoy
Silver MCX Today Tips – Watch 43750 to High 44049, Intraday Traders Enjoy.
Analysts say Russia Doesn’t Need to Hold More Gold in Reserve
The central bank announced on Monday that it would stop buying gold starting April 1, but didn’t explain the move. Analysts say Russia already has a lotof gold stashed in reserves and likely doesn’t need more.