Gold Silver Reports ~ Gold ticked up on Friday, extending gains from the previous two sessions, in spite of solid U.S. inflation data which bolstered hawkish arguments for accelerated monetary policy normalization by the Federal Reserve this year.
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Indians Buy Gold Worth $267 Billion
Gold Silver Reports → At a time when foreigners were investing in Indian equities, Indians were boosting their Gold purchases. The gold greedy Indians bought yellow metal worth $267 billion (Rs. 18 lakh crore at 68 rupees per US dollar) over the last 10 years.
World Gold Council Indicate Improving Fundamentals For Gold
Gold Silver Reports → The fundamental picture according to the data released by the World Gold Council continues to indicate improving fundamentals for Gold.
ABN AMRO Group Bear on Gold Market
Gold Silver Reports → ABN AMRO Group NV’s Georgette Boele has been a staunch bear on gold as prices tumbled. Now with gold on the brink of a bull market, she’s changed her tune.
Goldman Sees Bullion Prices Dropping to $1,000 in 12-Months
Gold Silver Reports → Investors have been pouring into the precious metal in search of a haven as global equity markets tumbled and expectations for increases in U.S. interest rates were reined in.
MCX Copper Sideways Trend Sell on Rise
Gold Silver Reports → MCX Copper February as seen in the weekly chart above has opened the week with gap down at 314.30 levels and at …
Gold MCX Trading Range 28800-29700
Gold Silver Reports → Gold settled down -1.36% at 29386 on profit booking after European banking stocks recovered, inspiring a rally among global equities.