Gold Silver Reports – Gold prices recovered marginally to close at Rs29,460 per 10 grams at the bullion market in Mumbai on Friday due to mild demand from stockists and retailers amid bullish global cues.
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Global Gold Prices inch Down as US Rate Hike Looms
Gold Silver Reports – Global Gold Prices inch Down as US Rate Hike Looms – Gold edged lower on Thursday as upbeat US economic data bolstered the possibility of the Federal Reserve raising interest rates next month and beyond.
Crude Oil Prices slip After IEA Casts Doubt over Demand Report
Gold Silver Reports – Crude Oil prices tumbled on Wednesday, continuing Tuesday’s slide after the International Energy Agency cast doubts over the past months’ narrative of tightening fuel markets.
Gold Future Path Looks Distinctly Rocky
Gold Silver Reports – Gold Future Path Looks Distinctly Rocky – Gold may be set on a perilous path as central banks withdraw the liquidity punch bowl that has driven stock markets to record highs.
Nothing to See Here as Gold Held in Tightest Range in Four Years
Gold Silver Reports – Nothing to See Here as Gold Held in Tightest Range in Four Years – The biggest news in the gold market is there’s no news.
Crude Oil Above $80 Before Christmas?
Gold Silver Reports – Crude Oil Above $80 Before Christmas? – With oil prices trading near their highest level in two years, some traders are betting that the price rise could have more room to run.
Russian Fund Plans a $1 Billion Mining Venture With China Gold
Gold Silver Reports – Russian Fund Plans a $1 Billion Mining Venture With China Gold – Russia’s state-owned Far East Development Fund is in talks to create a $1 billion joint venture to invest in the country’s mining industry with China National Gold Group, a government controlled producer of the precious metal.