Gold Silver Reports — Bitcoin plunged for a fifth day as concern Britain will vote to leave the European Union waned and a hack suffered by another crypto-currency undermined confidence in such digital assets.
Silver
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Gold Still Traded Near a 2-week Low
Gold Silver Reports — Gold traded near a two-week low as speculation that the U.K. will vote to stay in the European Union curbed demand for a haven.
Silver Traders Track Gold to Longest Bull Gamble
Gold Silver Reports — Where gold goes, silver often follows. Bearish options on exchange-traded funds tracking the metals have been cheaper than bullish ones for the longest time since at least 2009.
Gold Hit Biggest Loss in 4 Weeks
Gold Silver Reports — Gold posted the biggest loss in four weeks on speculation that a vote by Britons to stay in the European Union in Thursday’s referendum will undercut demand for the metal as a haven. Silver also fell, and copper rallied.
Bullion Market Ignores Yellen
Gold Silver Reports — Even Janet Yellen can’t seem to distract the Bullion (Gold) market from this week’s Brexit vote. In congressional testimony, the Fed chair signaled that her optimism in the U.S. economy had softened.
Gold, Silver Jump on jewellers Buying
Gold Silver Reports — Gold and silver firmed up in Delhi bullion market on Tuesday on scattered buying by jewellers at the domestic spot market, even as the precious metals weakened overseas. While gold gained Rs.100 to Rs.29,750 per ten grams, silver rallied by Rs.300 to Rs.41,500 per kg.
China Increased its Reserves of Tungsten
Gold Silver Reports — After a long downtrend, prices of some rare metals have been recovering since the beginning of the year.