Gold Silver Reports (GSR) – New York Fed President John Williams said the Federal Reserve “will be likely raising interest rates somewhat.” The recent winning streak began when Fed Chairman Jerome Powell warned last Wednesday of slowing demand abroad, fading fiscal stimulus at home and the lagged economic impact of the Fed’s past rate increases, suggesting that a pause in tightening may well come in 2019.
silver prices today
Gold Prices Fall For Second Day, Silver Rates Decline
Gold Silver Reports (GSR) – Gold rates today slipped by Rs 100 to Rs 32,000 per 10 grams. Steady global prices capped the fall in domestic gold rates, traders said. Tracking gold, silver rates today fell by Rs 200 to Rs 37,900 per kg, hurt by lower offtake by industrial units and coin makers. Prices of gold of 99.9% and 99.5% purity fell by Rs 100 each to Rs 32,000 and Rs 31,850 per 10 gram, respectively.
MCX Gold Silver Under Selling Zone Sell On Rise Buy Karna Mana Hai – Neal Bhai Reports
MCX Gold Silver Under Selling Zone Sell On Rise Buy Karna Mana Hai – Neal Bhai Reports
Federal data showed new applications for U.S. unemployment aid fell last week and the number of Americans receiving benefits was the lowest in more than 45 years as labour market conditions tightened further.
Gold Prices Today Rise Near 6-Year High But Silver Declines
Gold Silver Reports (GSR) – Buoyed by a pick-up in festive season demand, gold prices today edged closer to six-year high. Gold rates today rose by Rs 70 to Rs 32,620 per 10 grams ahead of the old upcoming Dhanteras and Diwali festivals.
Gold Prices Slip Today, Silver Edges Lower
Global spot gold rate was little changed at $1,226.71 an ounce. It touched $1,233.26 on Monday, its highest since July 26. US gold futures were flat at $1,230.40 an ounce. Despite the recent rally in global gold rates, price of the precious metal remains down nearly 10% from its April peak.
Gold Prices Slip Today, Silver Rates slump – Gold Silver Reports
Gold prices today edged lower, tracking a weak overseas trend and subdued demand from local jewellers. But silver prices recorded a sharp fall amid reduced offtake by industrial units and coin makers. Gold prices fell by Rs 30 to Rs 31,870 per 10 gram while silver rates slumped by Rs 500 to Rs 39,300 per kg, according to a report from Press Trust of India. Sovereign gold, however, remained flat at Rs 24,600 per piece of 8 gram.
Gold Prices Hit over 1 Week High on Soft Dollar – Gold Silver Reports
Global gold prices hit highest in more than a week on Wednesday as the dollar softened and demand for the safe-haven metal got a boost on concerns surrounding Italy’s plans to tackle budgetary deficit. Risk appetite was hit after European Union (EU) officials expressed concerns about Italy’s budget plan, which would widen the deficit significantly.