Gold Silver Reports (GSR) – In Delhi, prices of gold of 99.9% and 99.5% purities climbed ₹320 each to ₹34,070 and ₹33,920 per 10 gram, respectively. Similarly, sovereign gold advanced by ₹200 to ₹25,900 per piece of eight gram. Silver ready rose by ₹330 to ₹41,330 per kg and weekly-based delivery by ₹361 to ₹40,434 per kg.
Latest Commodity News
Rusal Sanctions Lifted, But U.S. Aluminum Users Still Face Import Levy
Gold Silver Reports (GSR) – Rusal Sanctions Lifted, But U.S. Aluminum Users Still Face Import Levy — The U.S. Treasury on Sunday lifted sanctions on the core empire of Russian tycoon Oleg Deripaska, including aluminum giant Rusal and its parent En+, despite a Democrat-led push to maintain them.
Gold Hovers Around $1300 Bulls Have Momentum
Gold Silver Reports (GSR) – European and Asian stock markets were mostly weaker overnight. U.S. stock indexes are pointed toward lower openings when the New York day session begins. There is some risk aversion in the marketplace to start the trading week, which is also benefitting the safe-haven gold and silver markets.
Gold Bond Scheme 2018-19 – Series Launched, Nominal Value of the Bond is Fixed @ Rs 3,214 per gram
The new series of sovereign gold bonds opened for subscription today and will close on 18 January. The date of issuance will be 22 January.
Govt Fixes Rs 3,214 per gram Price For Next Series of Gold Bonds
“Government of India, in consultation with the Reserve Bank of India, has decided to offer a discount of Rs 50 per gram less than the nominal value to those investors applying online and the payment against the application is made through digital mode,” RBI said in a statement.
Spot Gold Watch in 2019
Spot Gold Watch in 2019 – Golden Opportunity – Gold bulls seized the initiative in the final months of 2018 and there’s plenty to suggest the haven may hold up.
Gold Prices Zoom Silver Rates Up – Gold Silver Reports
Gold Silver Reports (GSR ) – Sovereign gold, however, remained unchanged at Rs 25,200 per piece of 8 gram.
Gold Prices Headed Higher in 2019, Say Analysts
Gold Silver Reports (GSR ) – Spot bullion hit a six-month high on Friday, topping $1,280 an ounce, as investors favored defensive assets, adding to holdings in exchange-traded funds over the month.
Gold Climbs as Investors Flock to Safety – Gold Silver Reports
Gold Silver Reports (GSR ) – Spot gold had risen by 0.2 percent to $1,277.75 per ounce as of 0448 GMT, and was set for a second straight weekly gain with no end in sight for China-U.S. trade tensions and political uncertainty in the United States.
Gold Prices Have Fallen on Profit Taking
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.