Gold prices slump today, silver follows suit – Gold Silver Reports

Last Updated On August 16, 2018 10:44 PM by Neal Bhai

Gold prices tumbled by ₹ 290 to ₹ 30,340 per 10 grams dragged by weak global trend and falling demand from local jewellers

Gold prices tumbled by Rs 290 to Rs 30,340 per 10 grams on Thursday dragged by weak trend overseas and falling demand from local jewellers, reported PTI. In global markets, gold prices also remained weak but clawed back from a 19-month low. Short-covering and a slight softening of the US dollar, following news that US and China will hold trade talks late this month, helped global prices to pullback slightly after falling to 19-month low. Global gold prices, which have largely been pressured by a strong dollar and rising US interest rates, have shed nearly 10% in 2018.

Gold pares losses from 19-month low as US dollar softens

Last Updated On August 16, 2018 10:41 PM by Neal Bhai

Spot gold was down 0.2% at $1,172.48 an ounce as of 0426 GMT, after earlier falling as much as 1.2% to $1,159.96, its lowest since January 2017. US gold futures were down 0.5% at $1,179.5 an ounce.

Independence Day Special Offer 2018, Just Rs. 31,000 – 15th August, 2019 to 15th August, 2019 – 1 Full Year

Last Updated On September 25, 2018 5:27 AM by Neal Bhai

Neal Bhai Offer is Back 20th August 2018 is Last Date or Wait Till Diwali November 2018 Stocks + Nifty + MCX + NCDEX + Currencies …

No Bottom in Gold until Trade War Ends – Gold Silver Reports

Last Updated On August 9, 2018 9:10 AM by Neal Bhai

Gold Silver Reports (GSR) – keep getting the same arguments trying to undermine the existence of a Chinese peg for Gold in yuan terms, despite having clearly provided the rationale for why the Chinese would enforce such a peg and the simple math for why it is now almost exclusively driving the Gold price. Yet people continue to question its existence. To avoid repeating myself any further—and make better use of people’s time for those who already “get it”—the articles below cover all of the issues raised:

Gold Prices Recover on Positive Global Cues – Gold Silver Reports

July 29, 2018 5:22 AM by Neal Bhai

Gold Silver Reports (GSR) – Marketmen said firm global cues where gold inched up as the US dollar slid lower after strong US economic growth data while concerns remain about trade tensions between the US and Europe, attributed the recovery in gold prices, the agency reported.

Gold Price Forecast – Gold continues to follow trend line – Christopher Lewis

July 27, 2018 12:37 PM by Neal Bhai

Gold Silver Reports (GSR) – Gold markets have been slightly negative during the trading session on Thursday, but only slightly so.

Gold Price Maintains Uptrend on Global Cues, Jewellers’ Buying

Last Updated On September 22, 2025 7:57 PM by Neal Bhai

Gold Silver Reports (GSR) – In the national capital, gold of 99.9% and 99.5% purity advanced by ₹130 each to ₹30,970 and ₹30,820 per 10 grams, respectively. The precious metal had gained ₹40 in the last two days. Sovereign, however, remained unchanged at ₹24,700 per piece of eight grams.