Indian Gold Jewellery — The ongoing blockade of Qatar by its neighbouring nations has raised concern among Indian jewellers who have operations in the Gulf Cooperation Council countries. Jewellers said sales dropped in the region because buyers from Qatar, who are known to prefer high value items, are absent from the market.
gold news
America Health-Care Crisis Is a Gold Mine for Crowdfunding
Gold Silver Reports — America Health-Care Crisis Is a Gold Mine for Crowdfunding — Crowdfunding platforms such as GoFundMe and YouCaring have turned sympathy for Americans drowning in medical expenses into a cottage industry. Now Republican efforts in Congress to repeal and replace Obamacare could swell the ranks of the uninsured and spur the business of helping people raise donations online to pay for health care.
London’s Gold Benchmark Hit by Volatility After Banks Exit
Gold Silver Reports — London’s gold benchmark experienced large, unpredictable fluctuations after some banks left the auction that sets the price relied upon by the $5 trillion-a-year bullion market, according to trading data.
MCX Gold Trade Zone Key Between 28500-28970
Gold Silver Reports — Technically Gold market is getting support key at 28610 and below same could see a test of 28500 level, And resistance key is now likely to be seen at 28884, a move above could see prices testing 28970.
India’s Working With World Gold Council to Create a Spot Exchange
Gold Silver Reports — The World Gold Council is working with the Indian government on plans to create a local physical spot-gold exchange that may start up as soon as next year.
Paulson Keeps SPDR Gold as Druckenmiller
Gold Silver Reports — Gold and the companies that produce it were back in favor with fund managers last quarter, when the metal posted the best quarterly performance in a year.
