Precious Metals Trader Beats Spoofing Conspiracy Charge

Should You Buy Gold Now? Here's What Experts Say

Gold Silver Reports (GSR) – Precious Metals Trader Beats Spoofing Conspiracy Charge — Andre Flotron, 54, was cleared by a federal jury in New Haven, Connecticut, of a single count of conspiracy to engage in commodities fraud. It was the first acquittal in a spoofing-related case since the U.S. outlawed the practice in 2010. He could have faced as long as 25 years in prison if convicted.

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Gold Down on Dollar Strength, Easing North Korea Tensions

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Gold Silver Reports (GSR) – Gold Down on Dollar Strength, Easing North Korea Tensions — Spot gold was down 0.1 percent at $1,329.04 per ounce at 0335 GMT. The yellow metal rose 0.5 percent on Tuesday to break a three-session losing streak. U.S. gold futures eased 0.2 percent to $1,330.60 per ounce.       

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Gold Silver Prices Up on Firm Global Cues, Silver Kiss High Rs 41000

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Gold Silver Reports (GSR) – Gold Silver Prices Up on Firm Global Cues, Silver Kiss High Rs 41000 — Traders said, apart from a firm trend overseas, brisk buying by local jewellers to meet wedding season demand in the domestic spot market kept gold prices higher. Besides, a depreciated rupee against the dollar made imports of the metal costlier, thus fuelling the uptrend, experts said.                            

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