Gold Silver Reports (GSR) – Those topics can be thought as risky events and in the old days, might have led to flights into the safety of the gold.
That’s not to be, as the precious metal is more focused on the rising dollar instead.
Gold Prices
Gold prices in India News in ounce, gram, kilo, pennyweight, tola and tael in US Dollars. Gold Future Price, Gold Market News, Gold Tips, Comex Gold Futures, Gold Trading Calls, charts, Gold Buy Sell, Gold performance and ratios, Gold price outlook.
Gold Prices Up for 3rd Day in Row, Silver Rates Gain
Gold Silver Reports (GSR) – Global spot gold rate was steady at $1,213.05 an ounce, as of 0650 GMT, after hitting as high as $1217.85 in early trade. US gold futures were down 0.2% at $1,221.4 an ounce. Gold prices had rebounded on Friday from a 17-month low of $1,204 per ounce as dollar slipped after data showed US job growth slowed in July.
Gold Prices Extend Gains on Firm Global Cues, Jewellers’ Buying
Gold Silver Reports (GSR) – Globally, gold rose 0.51% to $1,213.30 an ounce and silver gained 0.62% to$15.38 an ounce in New York in yesterday’s trade.
Can Gold Prices Bounce?
Gold Silver Reports (GSR) – Like with any market, the metals markets go through different phases and trends. The trend is down and until there is a reason to believe that has changed, sellers will continue to be the strong hands. There will be rallies which will continue to be sold because of the phase the metals are in now.
Gold Price Maintains Uptrend on Global Cues, Jewellers’ Buying
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.
Silver Prices Surge Today, Gold Rates Inch Higher
Gold Silver Reports (GSR) – The rise in gold prices could be attributed to sharp falls in global stock markets that would drive investors to the safe-heaven asset gold, and weakening of the dollar. Despite Trump’s intervention, the dollar was near one-year highs as Fed chairman Jerome Powell said US was poised for several more years of growth, strengthening prospects of rate hikes.
Gold Prices Recover from 5-Month Low, Silver Rates Slip
Gold Silver Reports (GSR) – In Delhi, gold rates of 99.9% and 99.5% purity edged up by Rs 25 each to Rs 30,825 and Rs 30,675 per 10 grams, respectively. The yellow metal had lost Rs 350 in the last two days.