Gold Silver Reports (GSR) — Global Gold Prices Steady as North Korea, Global Trade Concerns Ease – Gold prices held largely steady on Thursday, a day after posting its biggest one-day percentage fall in nearly 9 months, as tensions over North Korea and global trade eased.
Silver Prices
Global Gold Prices steady as Trade War Tensions Ease
Gold Silver Reports (GSR) – Gold prices were little changed on Wednesday after falling in the previous session as concerns about a potential trade war between US and China eased which supported the dollar and reduced the incentive to hold bullion as a safe-haven asset.
Global Gold Prices up on Weaker Dollar, Russian Tensions
Gold Silver Reports (GSR) – Gold prices rose for a third session on Tuesday as the dollar languished near a five-week low, as investors eyed rising tensions between Russia and the West even as a US-China trade spat appeared to ease.
Global Gold Prices Shine as Trade War Fears Rattle Markets
Gold Silver Reports (GSR) – Global Gold Prices Shine as Trade War Fears Rattle Markets — Gold prices gained as much as 1% on Friday on a faltering dollar and equities as investors scurried to safety after US President Donald Trump moved towards long-promised anti-China tariffs, prompting a strict response from China amid fears of a global trade war.
Gold Prices Lose Sheen on subdued Global Cues
Gold Silver Reports (GSR) – Gold prices declined by Rs110 to Rs31,180 per 10 grams at the bullion market, tracking a weak trend overseas amid slackened demand from local jewellers. Silver prices also slipped below the Rs39,000-mark by falling Rs150 to Rs38,950 per kg due to reduced offtake by industrial units and coin makers.
India Gold Prices Discounted as Festival Fails to Lure Buyers
Gold Silver Reports (GSR) – India Gold Prices Discounted as Festival Fails to Lure Buyers — Weaker demand in India prompted gold dealers to offer discounts for a 2nd week straight, as a drop in local prices to 2-week lows and a festival-failed to lure buyers.
Global Gold Prices Rise on Increasing US Protectionism Concerns
Gold Silver Reports (GSR) – Global Gold Prices Rise on Increasing US Protectionism Concerns — Gold prices rose on Wednesday to a one-week high on a weaker dollar following US secretary of state Rex Tillerson’s sudden dismissal, which invigorated concerns of protectionist policies hampering global risk appetite.