Gold Silver Reports – Gold prices fell to a near 3-month low on Tuesday as positive economicdata from major economies stoked risk appetite, weakening demand for safe-haven bullion.
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Upcoming Wedding Season To Push Gold Prices Higher
Gold Silver Reports – Trade tension between the US and China, uncertainty around Brexit and slowdown concerns have prompted investors globally to look for safe investments, one of which has traditionally been gold prices.
South African Gold Output Has Longest Losing Streak Since 2009
South African gold production shrank for a 17th straight month in February, the longest string of contractions since the financial crisis.
Gold Miner Enters into a Prepayment Deal with Citigroup
Sibanye Gold Ltd. raised $125 million by selling future gold production, the second major step by the company this week to build up cash as it faces a drawn-out labor dispute.
Does Supply and Demand Really Influence Gold Prices?
Does Supply and Demand Really Influence Gold Prices?
Gold is an enigma. Certainly, gold has practical applications. It conducts electricity, does not tarnish, can be drawn into wire and hammered into thin sheets.
Gold Prices Slip For Fourth Straight Day
Gold Silver Reports – Gold prices on Monday dropped by Rs. 200 to Rs. 32,620 per 10 grams, extending the falling streak for the fourth day, reported news agency Press Trust of India (PTI) quoting the All India Sarafa Association. The fall came on lacklustre domestic demand and weak gold global trends.
China Is on a Big Gold-Buying Friskines
Gold Silver Reports – Gold long term central bank buying is expected to boost prices amid continued demand, with Goldman Sachs predicting gold prices will rally from $1,300 to $1,450 an ounce over the next 12 months.
Gold Prices had Earlier Breached its 100-Day Moving Average
Gold Silver Reports (GSR) – Gold prices slipped today, but was trading above the 10-week low touched in the previous session, as the dollar rose against the yen on signs of progress in the US-China trade dispute and strong US economic data. Investors are now awaiting the US jobs numbers for more signals on the strength of the economy.