Spot gold was down 0.2 percent at $1,243.91 per ounce, as of 0415 GMT, while U.S. gold futures were 0.1 percent lower at $1,249.3 per ounce.
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Gold Prices Slip for First Time in 4 days, Silver Rates Fall
Gold Silver Reports (GSR) – Sovereign gold prices, however, today held steady at Rs 25,000 per piece of 8 gram. Silver ready rates fell by Rs 25 to Rs 38,550 per kg, while weekly-based delivery was marginally up by Rs 22 to Rs 38,181 per kg. Silver coins, however, remained unchanged at Rs 74,000 for buying and Rs 75,000 for selling of 100 pieces.
MCX Gold Below 31700 Level Big Down Side Expected – Sell on Rise – Neal Bhai
MCX Gold Below 31700 Level Big Down Side Expected – Sell on Rise – Neal Bhai
Some analysts are bullish on gold for 2019, given weakening US dollar outlook and expectations of slower pace of rate hikes from Fed. “Weakening US dollar outlook and very dovish pivots from the Fed, a lot of uncertainty boxed around equity markets.
Gold Prices Supported by expectations of Fewer Rate Hikes by the U.S. Federal Reserve — GSR
Gold Silver Reports (GSR ) – Spot gold inched up 0.1 percent to $1,244.40 per ounce, as of 0115 GMT. U.S. gold futures rose 0.2 percent to $1,249.9 per ounce. Spot palladium was up 0.2 percent at $1,246.30 per ounce. Prices climbed over 2 percent in the previous session.
Gold Prices Zoom to Near Five-Month High – Gold Silver Update
The dollar fell about 0.5% as U.S. Treasury yields tumbled and traders scaled back expectations on the number of hikes the Fed would implement amid weakening economic data and market volatility.
Gold Prices Zoom to Near Five-Month High – Gold Silver Reports
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.
Gold Prices Remain Steady, Silver Rates zoom Rs 1200 in Two days
Gold Silver Reports (GSR ) – Silver ready prices zoomed by Rs 380 to Rs 37,740 per kg, while weekly-based delivery jumped by Rs 619 to Rs 36,368 per kg. Silver coins, however, also ended flat at Rs 72,000 for buying and Rs 73,000 for selling of 100 pieces.