Gold Silver Reports (GSR) – Spot gold may break a support at $1,337 per ounce and fall to the next support at $1,324.
US Dollar Currency Index
Gold Comex Holds Steady Above Two-week Low After Fed Minutes
Gold Silver Reports (GSR) – The minutes from U.S. Fed’s last meeting showed policymakers agreed that their current patient approach to setting monetary policy could remain in place “for some time.”
Rupee Turns Positive for 2019 Against US Dollar
Gold Silver Reports (GSR) – Indian rupee on Tuesday turned positive for 2019 against US dollar as foreign investors continued to buy in equities and debt ahead of general elections. At 9.15 am, the rupee was trading at 69.71 a dollar, up 0.24% from its previous close of 69.89. The home currency opened at 69.75 a dollar and touched a high of 69.69.
Gold Slip to Near 5-Week Low as Dollar Trumps Euro Post ECB
Gold eased on Thursday as the dollar gained versus the euro after the European Central Bank postponed an interest rate hike, wiping out gains for bullion driven by the darkening global economic outlook.
Hard Pause Or Full Steam Ahead For Gold?
Gold Silver Reports (GSR ) – “Gold is in a nice uptrend and it looks like we are done with what looked like a fairly natural pullback. One big caveat is that in this run-up, the market has been overbought.
SPDR Gold Holdings Have Fallen over 1 percent for the Week – Gold Silver Reports
Gold Silver Reports (GSR ) – Spot gold was steady at $1,313.4 per ounce, as of 10 a.m. ET, after hitting its lowest since Jan. 29 at $1,302.11 on Thursday.
