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Gold Silver Reports ~ Gold just below $1,100 an ounce early on Monday, with investors eyeing whether equities will come under renewed pressure and refresh safehaven demand for bullion.
Gold Silver Reports ~ Have we reached peak precious metals? Many analysts think so.
Just to be clear, however, the idea of peak gold and peak silver doesn’t refer to a peak prices. The precious metals put in a cyclical price high in 2011. But annual mining production levels may have peaked in 2014-2015. This is what is meant by “peak precious metals.”
Gold Silver Reports ~ Indian Silver demand has increased as per reports. An Economic Times article informs that the imports for 2015 is likely to be about 7,500 tonne. This marks a 10 per cent surge compared to the silver imports in 2014.
Gold Silver Reports ~ Gold slip on Friday as hints of more monetary stimulus from the European Central Bank weighed on the euro and pushed stocks higher, denting appetite for alternative assets.
Gold Silver Reports ~Crude oil held prices gains in Asia on Friday in a bargain-hunting rally that follows recent sharp falls and shrugging off a stronger dollar.
Gold Silver Reports ~ The government will pay banks a 2.5 percent commission to unlock the country’s massive stash of gold under a new monetisation scheme, the RBI said, as the ambitious plan received a poor response from banks and customers.