Gold Silver Reports (GSR) – Gold Jewelers in India are Expecting a Cool Reception in the Short Term — Joyalukkas Group has put an initial share sale of its jewelry business on hold and will revisit the proposal after national elections next year, Baby George, chief executive officer of the Kerala-based company, said in an interview Thursday. The fraud claims also have seen banks review funding for the gem and jewelry sector, he said. Gold jewelers in India are expecting a cool reception in the short term to any plans to publicly trade shares in the wake of an alleged $2 billion fraud by jewelers Nirav Modi and Mehul Choksi.
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Gold MCX India Under Buying Zone; Support Key @31211—31070
Gold Silver Reports (GSR) – Gold MCX India Under Buying Zone; Support Key @31211—31070 — Gold prices seen pressure as the dollar jumped and U.S. Treasury yields continued to rise on signs of U.S. economic strength and an easing in the U.S.-China trade conflict.
Precious Metals Trader Beats Spoofing Conspiracy Charge
Gold Silver Reports (GSR) – Precious Metals Trader Beats Spoofing Conspiracy Charge — Andre Flotron, 54, was cleared by a federal jury in New Haven, Connecticut, of a single count of conspiracy to engage in commodities fraud. It was the first acquittal in a spoofing-related case since the U.S. outlawed the practice in 2010. He could have faced as long as 25 years in prison if convicted.
Gold Prices Near five-week Low as Higher Dollar By Neal Bhai Reports
Gold Silver Reports (GSR) – Spot gold was up 0.05% at $1,323.66 per ounce at 03.51am GMT (9.21am IST), after falling by as much as 0.9% to $1,318.51 in the previous session, its lowest since 21 March. US gold futures gained 0.1% $1,324.7 an ounce.
Gold Down on Dollar Strength, Easing North Korea Tensions
Gold Silver Reports (GSR) – Gold Down on Dollar Strength, Easing North Korea Tensions — Spot gold was down 0.1 percent at $1,329.04 per ounce at 0335 GMT. The yellow metal rose 0.5 percent on Tuesday to break a three-session losing streak. U.S. gold futures eased 0.2 percent to $1,330.60 per ounce.
Gold Silver Prices Up on Firm Global Cues, Silver Kiss High Rs 41000
Gold Silver Reports (GSR) – Gold Silver Prices Up on Firm Global Cues, Silver Kiss High Rs 41000 — Traders said, apart from a firm trend overseas, brisk buying by local jewellers to meet wedding season demand in the domestic spot market kept gold prices higher. Besides, a depreciated rupee against the dollar made imports of the metal costlier, thus fuelling the uptrend, experts said.
Gold Silver Investors and Traders Enjoy OR Not — Neal Bhai Reports
Gold Silver Investors and Traders Enjoy OR Not Neal Bhai Ke Saath Kaam Kiya to Life Jingalala Gold MCX Call :- Gold Silver STBT Buy Call Rocking …