Gold edged lower on Tuesday as strong equities provided a risk-conducive backdrop for investors, countering support from Washington’s move to end waivers on Iranian oil sanctions.
Live Commodity News
Gold Rate Today: Gold prices Edge Higher on Improved Spot Demand
Gold traded with mild gains in the futures market on Tuesday, taking support from improved demand by local jewellers at the spot market and rupee’s weakness against the US dollar.
Saudi Arabia and others in OPEC will more than make up the Oil Flow difference in our now Full Sanctions on Iranian Oil
White House: US, Saudi Arabia, UAE ‘Have agreed to assure that global demand is met as all Iranian oil is removed from the market’
Gold Prices in India Gains Following Rise in Demand – Gold Silver Reports
The gold prices in India today has gained despite being steady in the overseas markets owing to the strong dollar. The gold rates in India were recorded at Rs 30,900 for 10 grams of 22 karats and at Rs 31,900 for 10 grams of 24 karats.
Market Crisis on Cards? A High Gold to Silver Price Ratio Suggests so
The gold-to-silver price ratio has risen steadily since bottoming out in 2010 to the present trading level of more than 86. What does this really mean for the precious metals going forward? Does that portend a crisis? The Silver Institute, the Washington-based body of silver industry stakeholders, thinks so.
Intelligence Doesn’t Rule out a Move Towards $1,400 for Gold in the near Future
According to Bloomberg Intelligence (BI), which believes that the U.S. dollar will head down soon and trigger a long-awaited rebound in the precious metal.
Gold Prices Fall By 405 Rupees: Gold Silver Reports
Gold Silver Reports –Gold prices on Thursday declined by Rs. 405 to Rs. 32,385 per 10 grams on reduced buying by local jewellers, reported news agency Press Trust of India (PTI) quoting the All India Sarafa Association.