Jewellers’ Strike, Gold Exports Drop 50% in India

Jewellers' Strike, Gold Exports Drop 50% in India

Gold Silver Reports ~ Ongoing strike by Indian gold traders was reported to be helpful for the reduction of gold imports thereby enabling the government to narrow down⇓ the Current Account Deficit-(CAD). However, new reports suggest that the jewellers’ strike may dent India’s exports this month. Β  Β Β 

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Gold Below 13-Month Top on Dollar

Gold Below 13-Month Top on Dollar

Gold Silver Reports ~ Gold edged lower on Friday as the dollar rebounded, but prices remained within reach of a 13-month high touched in early trade after the European Central Bank’s announcement of new easing measures.

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