Gold Silver Reports (GSR) – Spot gold fell 0.4 per cent to $US1,254.81 per ounce after hitting its highest since June 26 of $US1,266.40 on Thursday. Gold prices have fallen on profit-taking, a day after bullion touched a near six-month high and the dollar rebounded, but the metal stayed on track for a weekly gain as the appetite for risk waned.
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Gold Prices Jump Today But Silver Rates Drop
In global markets, gold prices today edged higher supported by a softer dollar and weakness in the equities market. Overnight, the US Federal Reserve hiked interest rates by 25 basis points, as widely expected, but what took markets by surprise was the US central bankβs commitment to retain the core of its plan to tighten monetary policy, despite rising uncertainty about global economic growth. Spot gold prices rose 0.5% to $1,249.46 per ounce.
Gold Edges Lower as Dollar Steadies, Equities Up
Spot gold was down 0.2 percent at $1,243.91 per ounce, as of 0415 GMT, while U.S. gold futures were 0.1 percent lower at $1,249.3 per ounce.
Gold Silver Buyers, HoneyMoon Over?
Spot gold was at $1,236.85 per ounce at 0121 GMT. In the previous session, prices touched a peak of $1,241.86, their highest since Oct. 26.
US gold futures were down 0.4 per cent at $1,241.4 per ounce.
Gold Prices Remain Steady, Silver Rates zoom Rs 1200 in Two days
Gold Silver Reports (GSR ) – Silver ready prices zoomed by Rs 380 to Rs 37,740 per kg, while weekly-based delivery jumped by Rs 619 to Rs 36,368 per kg. Silver coins, however, also ended flat at Rs 72,000 for buying and Rs 73,000 for selling of 100 pieces.
Gold Rises as the US and China’s Pause on Tariff Escalation Weighs on the Dollar
Gold Silver Reports (GSR) – Spot gold was up 0.3 percent at $1,225.67 per ounce at 0407 GMT, while U.S. gold futures were up 0.4 percent at $1,230.4 per ounce.
Gold Prices on the Earth, Silver Rates Drop – Gold Silver Update
Gold Silver Reports (GSR) – In global markets, gold prices edged lower today as the dollar firmed ahead of an expected meeting between US President Donald Trump and Chinaβs President Xi Jinping at the G20 summit.