Gold Silver Reports – Gold Prices Kiss 4-Year Weekly High as $4 Trillion of US Debt Faces BondMarket – Gold Prices neared their highest weekly finish against the Dollar in almost 4 years on Friday, trading 3.0% up for the week asthe US currency extended its drop on the FX market.
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Rajasthan Sitting over 11.82 Crore Tonne Gold Deposits, Claims GSI
Gold Silver Reports – Rajasthan Sitting over 11.82 Crore Tonne Gold Deposits, Claims GSI — Rajasthan sits over nearly 11.48 crore tonnes of gold deposits and these deposits are mostly concentrated in two cities – Banswara and Udaipur, claims scientists and geologists.
Global Gold Prices Hit 1-Week High on Weaker Dollar ahead of US Data
Gold Silver Reports – Global Gold Prices Hit 1-Week High on Weaker Dollar ahead of US Data — Gold prices rose for a third straight session on Wednesday to hit a one-week high, buoyed by a weaker dollar, while investors awaited US inflation data for clues on the pace of future US interest rate increases.
Dalio’s Bridgewater Boosts Gold Holdings in SPDR, IShares – Goldman Neal Bhai Reports
Gold Silver Reports – Dalio’s Bridgewater Boosts Gold Holdings in SPDR, IShares — Billionaire hedge fund manager Ray Dalio boosted his holdings in the two largest gold-backed ETFs last quarter before prices of the metal capped the biggest annual gain in seven years.
Gold Prices up on Jewellers’ Buying, Global Cues – Goldman Neal Bhai Reports
Gold Silver Reports – Gold Prices up on Jewellers’ Buying, Global Cues – Gold prices rose by Rs50 to Rs31,300 per 10 gram on Tuesday on steady buying by local jewellers and positive global cues. Silver prices too gained Rs50 to Rs39,250 per kg due to increased offtake by industrial units and coin makers.
Global Gold Price Gain on Weaker Dollar ahead of US Inflation Data — Goldman Neal Bhai Reports
Gold Silver Reports – Global Gold Price Gain on Weaker Dollar ahead of US Inflation Data – Gold prices hit a near one-week high on Tuesday, helped by a weaker dollar and as investors awaited US inflation data for clues on the pace of interest rate hikes.
Acacia Gold Output to Shrink as Tanzania Dispute Drags On
Gold Silver Reports – Acacia Gold Output to Shrink as Tanzania Dispute Drags On — Acacia Mining Plc canceled its dividend and said gold production will plunge in 2018 as a dispute with the Tanzanian government drags into its second year. Its shares tumbled to a four-year low.