Spot gold jumped 1.3 per cent to $US1,202.81 per ounce overnight, and was on track to post its biggest one-day percentage gain since August 24.
Live Commodity News
Euro Gold Price Jumps 3% – Gold Silver Reports
Gold Silver Reports (GSR) — GOLD PRICES rose against all major currencies but leapt versus the Euro on Tuesday as the coalition government in Italy refused to cut its 2019 budget deficit plans in defiance of senior European Union figures.
BSE Launches Commodity Derivative Contracts in Gold & Silver – Gold Silver Reports
Leading bourse BSE Monday became the first stock exchange in the country to launch the commodity derivative contracts in gold and silver.
Gold, Silver Trade Higher in Morning Deals – Gold Silver Reports (GSR)
MCX Gold futures were trading 0.61 per cent higher at Rs 30510 per 10 gram at around 10.50 am (IST), while MCX Silver futures were up 2.66 per cent up at Rs 38,600 per 1 kg at around teh same time.
सोमवार 01 October 2018 से बीएसई पर कमोडिटी डेरिवेटिव ट्रेडिंग – Gold Silver Reports
बीएसई को सेबी से सोने और चांदी के डिलिवरी आधारित वायदा कॉन्ट्रैक्ट को भी शुरू करने की इजाजत मिल गई है। सोने में 1 किलो और चांदी में 30 किलो के कॉन्ट्रैक्ट के साथ शुरुआत होगी। शुरुआती दौर में सोने-चांदी के लिए डिलिवरी सेंटर अहमदाबाद में होगा।
Gold Up But on Path for Longest Monthly Losing Streak in Two Decades – GSR
Gold inched higher but was on track for its longest monthly losing streak since January 1997 as the U.S. dollar firmed against the euro after Italy’s budget jitters threatened the European currency.
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.