Gold Silver Reports (GSR) – Silver prices ready on Thursday jumped Rs. 910 to Rs. 41,100 per kg, while weekly-based delivery surged Rs. 1,009 to Rs. 40,406 per kg.
Silver rates today
MCX Gold Futures August Slipped 0.20% to 34,881 – Gold Silver Reports
Gold prices slipped in India today, mirroring a declining overseas trend. On MCX, August gold futures slipped 0.20% to 34,881 while the October contracts slid 0.2% to ₹35,164. August gold contracts had hit a record high of ₹35,145 last week.
Spot Gold on Thursday Rose 0.3 per cent to $1,422.67 per ounce in Intraday Trade
Spot gold rose 0.3 per cent to $1,422.67 per ounce in intraday trade, after earlier hitting its highest since July 3 at $1,426. The metal gained 1.5 per cent in the previous session. US gold futures jumped 0.9 per cent to $1,424.70 an ounce.
Gold Pullback Before New Uptrend – Gold Silver Reports
The Gold triangle chart pattern is respecting the shallow Fibonacci re-tracement levels of wave 4 vs 3 which is typical behavior for a wave 4 (blue) pattern.
Expectations of a Rate Cut From US Federal Reserve has Boosted Gold Prices – Gold Silver Reports
Gold Silver Reports (GSR) – Gold prices in India surged today after the yellow metal rebounded in global markets. On Multi Commodity Exchange of India (MCX), gold futures for August delivery surged 0.7% to ₹35,096 per 10 gram.
Upcoming Wedding Season To Push Gold Prices Higher
Gold Silver Reports – Trade tension between the US and China, uncertainty around Brexit and slowdown concerns have prompted investors globally to look for safe investments, one of which has traditionally been gold prices.
Gold Prices Down Below Rs. 34000 On Weak Global Cues — GSR
Gold Silver Sentiment remained bearish on the back of a weak trend overseas as the dollar strengthened to a 10-week high against the yen, boosted by better-than-expected US gross domestic data for the fourth quarter, making bullion less attractive as a safe-haven investment, traders were quoted as saying in the PTI report. Gold prices had fallen by Rs. 570 in the previous two days.