Physical Gold Kiss Rs 32000 on Jewelers Demand

Gold Down as Equities Up Ahead of Fed Policy Meeting

Gold Silver Reports (GSR) – Physical Gold Kiss Rs 32000 on Jewelers Demand — Traders said increased Physical buying by local jewellers to meet retailers’ demand at domestic spot market and a depreciating rupee against the dollar, making gold import costlier, supported the uptrend.              

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Gold Prices Ready For ‘Test $1250’ as Dollar Rises

Gold Prices Ready For 'Test $1250' as Dollar Rises

Gold Silver Reports (GSR) – Gold Prices Ready For ‘Test $1250’ as Dollar Rises — GOLD PRICES touched the lowest level since the end of December at $1282 per ounce before bouncing back to $1285 while the US Dollar rose to a 5-month high versus its major peers on the currency markets.      

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Gold Prices Continue Down on Muted Demand

Gold Silver Reports (GSR) – Gold Prices Continue Down on Muted Demand — Gold prices slipped by Rs75 to Rs31,875 per 10 grams at the bullion market on Monday on easing demand from local jewellers amid weak trend overseas. Silver prices cracked below the Rs41,000-mark by falling Rs440 to Rs40,760 per kg due to reduced offtake by industrial units and coin makers.                    

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Gold Prices Slip on Easing Demand From Jewellers

Gold Price Drops

Gold Silver Reports (GSR) – Gold Prices Slip on Easing Demand From Jewellers — Gold prices on Monday softened by Rs115 to Rs32,285 per 10 gram on sluggish demand from local jewellers even as overseas trend firmed up. Silver prices also eased by Rs100 to Rs41,300 per kg due to reduced offtake by industrial units and coin makers.                                 

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Gold Prices Maintain Uptrend on Jewellers’ Buying

Gold Rate Today

Gold Silver Reports (GSR) — Gold Prices Maintain Uptrend on Jewellers’ Buying – Traders said that continued buying by local jewellers in the ongoing wedding season and a firm trend overseas mainly kept the precious metal’s prices elevated.   

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Gold Prices Will Rally Further, Reaching $1,800 Per ounce from just Above $1300

Gold Prices

Gold Silver Reports (GSR) – Gold Prices Will Rally Further, Reaching $1,800 Per ounce from just Above $1300 — Egyptian billionaire Naguib Sawiris said in an interview Monday that he believes gold prices will rally further, reaching $1,800 per ounce from just above $1,300 now, while “overvalued” stock markets crash.                             

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