Gold Silver Reports (GSR) – Growing fears of an economic slowdown, which saw global stock markets tumble again, added further pressure on crude.
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Gold Worth $37 Billion Traded in London Each Day, New Data Shows
Gold Silver Reports (GSR) –Â London is a global gold trading hub but most transactions are made in over-the-counter trades between banks, brokers and dealers who have been reluctant to reveal their activity.
Gold Prices Fall For Second Day, Silver Rates Decline
Gold Silver Reports (GSR) – Gold rates today slipped by Rs 100 to Rs 32,000 per 10 grams. Steady global prices capped the fall in domestic gold rates, traders said. Tracking gold, silver rates today fell by Rs 200 to Rs 37,900 per kg, hurt by lower offtake by industrial units and coin makers. Prices of gold of 99.9% and 99.5% purity fell by Rs 100 each to Rs 32,000 and Rs 31,850 per 10 gram, respectively.
Gold Futures Slide on Weak Global Cues – Gold Silver Reports
Gold Silver Reports (GSR) – At the Multi Commodity Exchange, gold prices for delivery in December was down by Rs 77, or 0.25 percent, to Rs 30,802 per 10 gram in a business turnover of 109 lots.
Gold Prices Recover on Global Cues, Wedding Demand
Gold Silver Reports (NBR) – Taking positive leads from the global market and gold wedding season buying by local jewellers and retailers, gold prices recovered by Rs 80 during the week in the bullion market.
PC Jeweller Falls Most In 4 Months On Cut In Export Sales Target
PC Jeweller Falls Most In 4 Months On Cut In Export Sales Target – “The export business is a credit based business and the company wants to rationalize exports business as the credit availability is getting squeezed,” the company said in a statement on Thursday.
Gold Prices Up 1 Percent on Dollar Retreat, Short Covering Rally
Gold Silver Reports (GSR) – Spot gold was up 0.90 percent at $1,212.20 per ounce. This was the metal’s biggest one-day gain in nearly two weeks. Prices had slipped to their lowest since Oct. 11 at $1,195.90 in the previous session. U.S. gold futures settled up $8.70, or 0.72 percent, at $1,210.10