Gold imports rose 12.6 per cent in June from a year earlier to $2.69 billion amid a jump in global prices to six-year highs, a government source said on Tuesday.
Gold prices in India
Gold Spot Below $1,424 Only Sell Sell Sell, Sell Kar ke So Jaao, Big Down Fall Expected
Gold Spot Below $1,424 Only Sell Sell Sell, Sell Kar ke So Jaao, Big Down Fall Expected
Gold Prices Tracking US yields, Eyes Turn to Nonfarm Payrolls Data
Gold Silver Reports (GSR) – Gold prices were ranging between $1410.36 and $1421.67 on Thursday throughout the European and lack of a US session. The yellow metals moved over to the early Asian closing session at 41415, -0.28% on the day. This followed Wednesday’s futures settlement of $1,420.90 which was the highest finish for a most-active contract since May 2013.
Physical Gold Prices Up on Jewellers Demand in India
Gold Silver Reports (GSR) – Physical Gold prices on Monday gained by Rs. 30 to Rs. 33,000 per 10 grams on the back of demand from jewellers, reported news agency Press Trust of India (PTI) quoting the All India Sarafa Association.
Upcoming Wedding Season To Push Gold Prices Higher
Gold Silver Reports – Trade tension between the US and China, uncertainty around Brexit and slowdown concerns have prompted investors globally to look for safe investments, one of which has traditionally been gold prices.
Sovereign Gold Prices, However, Remained flat at Rs. 26,400 per piece of Eight Grams
Gold prices drifted lower by Rs. 100 to Rs. 33,170 per 10 grams at the bullion market on Saturday in the national capital, reported news agency Press Trust of India (PTI) quoting the All India Sarafa Association.
Gold Prices Surge Today, Silver Rates Also Rise: FOMC In Focus
The two-day FOMC meeting begins Tuesday morning and ends Wednesday afternoon with a statement. The FOMC is expected to slightly raise U.S. interest rates at this meeting. Fed Chairman Jerome Powell will also hold a press conference after the meeting. As usual, the marketplace will parse the Fed’s wording for clues on the pace of future Fed rate hikes and the Fed’s inflation expectations.