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Gold Silver Reports — India has banned the export of gold products with purity above 22 carats with immediate effect, a move that the industry sees as a way of curbing irregularities in the trade.
Gold Silver Reports — The blockchain revolution is gunning for the gold market. — Public online ledgers that emerged from the explosive markets for bitcoin, a virtual currency, already have drawn the attention of businesses from banks to retailers who see blockchain systems as a revolutionary way to verify and record transactions. Now, companies including exchange owner CME Group Inc., IEX Group Inc. spinoff TradeWind Markets and financial technology firm Paxos are rolling out similar platforms to bring gold into the digital age.
Gold Silver Reports — Kingsgate Consolidated Ltd., the Australian producer that shuttered Thailand’s biggest gold mine following a licensing dispute, advanced the most in 18 months after the Asian nation’s government said a suspension had been lifted.
Gold Silver Reports — Gold moved on a slippery track on Wednesday, settling below the Rs 30,000-mark by plunging Rs 300 to Rs 29,750 per 10 grams, in a sign of subdued overseas trend as well as local demand.
Gold Silver Reports — Gold prices are set to jump to a four-year high of $1,400 an ounce by the end of the year over mounting tensions between North Korea and the U.S., and surging demand in the world’s biggest consumers, according to the head of precious metals at a Russian investment bank.
Gold Silver Reports — Global gold prices fell on Tuesday as easing tensions between the United States and North Korea pushed investors to seek riskier assets such as equities.
