Gold Silver Reports – U.S. Weighs Venezuela Oil Sanctions Before April Vote — The U.S. is leaning toward imposing oil-sector sanctions on Venezuela before the country holds April 22 elections that opposition leaders have vowed to boycott, according to a senior State Department official.
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Gold Prices Up by Rs190 on Firm Global Cues, Jewellers’ Buying
Gold Silver Reports – Gold Prices Up by Rs190 on Firm Global Cues, Jewellers’ Buying — Gold prices maintained its upward trend for the fourth day on Tuesday, climbing Rs190 to Rs31,850 per 10 grams, largely in line with a firm trend overseas amid sustained buying by local jewellers. However, silver prices slipped by Rs150 to Rs39,550 per kg due to reduced offtake by industrial units and coin makers.
Top Gold Producer, Newcrest Mining Ltd, Boosts Bets on Ecuador’s Riches
Gold Silver Reports – Australia’s largest top gold producer, Newcrest Mining Ltd., will invest $250 million for a stake in Lundin Gold Inc. to boost its presence in Ecuador, which is attracting a slate of mining giants hunting for major untapped metals deposits.
Physical Gold Market Prices Rise By Rs100 on Increased Jewellers Buying – Gold Silver Reports INDIA
Gold Silver Reports – Physical Gold Market Prices Rise By Rs100 on Increased Jewellers Buying — Gold prices rose by another Rs100 to Rs31,580 per 10 gram at Delhi bullion-market on Saturday on persistent buying by local jewellers despite negative global leads.
Gold Report: Newmont Mining Poised for growth in Gold Sector
Gold Silver Reports – Gold Report: Newmont Mining Poised for growth in Gold Sector — Newmont Mining Corp laid out plans Thursday for new projects to grow gold production and cut costs, while reporting market-beating profits and output forecasts that position it to take the title of world’s largest bullion producer in 2018.
Indian Jewellers Shy Away as High Gold Prices Dent Appetite
Gold Silver Reports – Indian Jewellers Shy Away as High Gold Prices Dent Appetite — High local prices hit physical gold demand in India this week while activity in most other Asian centres remained subdued due to the Lunar New Year holiday.
Gold Slips; Stocks Under Pressure as Dollar Pauses By Goldman Neal Bhai Reports
Gold Silver Reports – Gold Slips, Stocks Under Pressure as Dollar Pauses – Global stocks took another leg down on Thursday in the wake of Federal Reserve minutes that painted a healthy picture of the world’s biggest economy, raising the prospect of tighter monetary policy. The dollar was steady, while Treasuries rose and European bonds were mixed.