Gold Silver Reports (GSR) – Gold prices slipped today, but was trading above the 10-week low touched in the previous session, as the dollar rose against the yen on signs of progress in the US-China trade dispute and strong US economic data. Investors are now awaiting the US jobs numbers for more signals on the strength of the economy.
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Gold Prices Head for Biggest Monthly Fall in Eight Months
Gold Silver Reports – Spot gold prices was flat at $1,290.34 per ounce, after declining about 1.5% in the previous session, the most in over seven months.
Futures Traders Exploit Mis-Pricing in Gold Spreads
Traders on gold futures were quick to seize an arbitrage opportunity created by hedgers of the yellow metal.
Muted Domestic Demand Hurt Gold Prices for Second Day
Gold Silver Reports (GSR) – Gold had shed ₹50 to ₹33,170 per 10 gram on Tuesday. Bucking the trend, silver prices however today gained ₹20 to ₹39,120 per kg, tracking higher demand from industrial units and coin makers.
Crude Oil Heads for Best First Quarter in 17 Years on Supply Forecast
Crude Oil continued its torrid start to the year as bullish supply news from the world’s second-biggest producer and disruptions to refiners along the Houston Ship Channel kept futures on pace for the best first quarter since 2002.
Gold Price Rises as Growth Concerns Dent Risk Appetite
Gold edged higher on Friday as weak economic data from the euro zone exacerbated fears of a global slowdown, weighing on risk sentiment and putting bullion on track for its best week in nearly two months.
Silver Demand in India Set for 4-Year High on Farm Cash Payout
Silver will see a resurgence in demand this year from rural Indians spending cash handouts from the government designed to aid local economies ahead of the general election, according to Metals Focus Ltd.