This Dhanteras, are You Buying Gold Jewellery, Bonds or ETFs?

Gold Prices Decline, Silver Rates Slump Amid Muted Demand

Gold Silver Reports (GSR) – In the next three months, gold is expected to be around тВ╣32,000, said Naveen Mathur, director, commodities and currencies, Anand Rathi Share and Stock Brokers. тАЬThe events of the past few months like rupee depreciation have now been taken into account and it will now remain stable at these levels. I donтАЩt think it has too much strength for price moving upwards significantly,тАЭ he said.

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Gold Prices Slip Further But Still Near 6-Year High

New Delhi: Falling for the second straight day, gold prices on Saturday edged lower by Rs 40 to Rs 32,550 per 10 grams at the bullion market amid tepid demand from local jewellers and a weak trend overseas. But gold prices still remained near six-year high levels.

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Dhanteras Gold Sales Fall 30%

Dhanteras Gold Sales

Gold Silver Reports – Gold demand remained subdued this Dhanteras, with overall sales falling by 30% compared with the 2016 festival season, but consumer purchases were higher than those recorded during Navratri and Dussehra late last month.

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