Spot Gold may Bounce to Resistance at $1,302/oz- Technicals

Spot Gold may Bounce to Resistance

Gold Silver Reports (GSR) – Spot Gold may Bounce to Resistance at $1,302/oz- Technicals — Gold prices recovered some lost ground on Wednesday on short-covering after prices fell to the lowest level this year in the previous session on surging U.S. bond yields and a stronger dollar.                        

Read More →

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.                                 

Read More →

Gold Silver Time To Shine As Dollar Loses Its Luster – By Neal Bhai MFA Technical Analyst

Gold Silver Reports (GSR) – Gold Silver Time To Shine As Dollar Loses Its Luster — Turing back to gold, according to some commodity analysts, the precious metal is getting a modest boost from a weaker U.S. dollar as inflation, while ticking higher, does not support aggressive Federal Reserve monetary policy tightening.                      

Read More →

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.   

Read More →