Gold Silver Reports (GSR) – Spot gold was up 0.3 percent at $1,225.67 per ounce at 0407 GMT, while U.S. gold futures were up 0.4 percent at $1,230.4 per ounce.
Spot Gold
Gold Not Ready For ‘Fly’ Despite Powell’s Dovish Comments – Gold Silver Reports
Gold Silver Reports (GSR) – Gold is not ready to break out of its trading range just yet. The Federal Reserve Chairman Jerome Powell is sending dovish signals into the marketplace.
Spot Gold : A Breakout on Either Side of the $1,178—1,213 Range Will Decide the Next Move
Gold is struggling to get fresh buyers that would take it decisively above the psychological level of $1,200. The yellow metal tumbled last week and made a low of $1,181 per ounce. However, it managed to bounce from those levels, recovering some of the loss, and closed at $1,191 per ounce, down 0.7 per cent for the week.
Gold Prices Slip Today on Weak Demand, Silver Follows – GSR
Gold Silver Reports (GSR) — Gold prices declined by Rs 100 to Rs 31,550 per 10 gram following slowing demand from local jewellers amid a weak global trend, reported PTI. Global gold prices rose marginally as investors largely discounted a US interest rate hike, but gains were limited as the dollar gained following reports of a row in Italy’s new government.
Gold Slips as Trade, Emerging Market Worries Lift Dollar – Gold Silver Reports
Gold slipped on Tuesday as concerns over an escalating trade conflict between the United States and China battered emerging market currencies and prompted investors to seek perceived safety in the dollar. A stronger dollar makes dollar-priced gold costlier for non-US investors.
Emerging Markets The Silver Lining in Global Turmoil – Gold Silver Reports
Gold Silver Reports (GSR) – Stocks faltered and bonds rose on Wednesday as US President Donald Trump’s political position was threatened by the criminal convictions of two former advisers, while the US dollar headed for its sixth straight day of losses. Investors had a lot to digest with the conviction of Trump’s former campaign chairman on eight counts of financial wrongdoing and a guilty plea by his former personal lawyer in separate cases.
Gold Prices Slip Today on Weak Demand, Silver Reclaims ₹ 41000 Mark
Gold Silver Reports (GSR) – Gold prices moved down by ₹ 55 to ₹ 31,595 per 10 grams on Tuesday, due to sluggish trend overseas amid slowing demand from local jewellers, reported PTI. Globally, gold prices hit its lowest in more than six months as a sell-off in global risk assets eased. Moreover, the metal remained under pressure from the prospect that rising US interest rates will further support the US dollar.