Ahead of Dhanteras – Indian Gold Demand in 2018 is Expected to Fall From the Previous year – A fall in demand from the world’s Second Biggest Bullion buyer could weigh on global prices that are already down 6.5 percent so far this year.
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Gold Prices Today Rise to 6 Year High But Silver Edges Lower
Gold Silver Reports (GSR) – Some traders however fear that higher prices could hit demand for gold during this festive season.
Why Gold Prices Are Rising
Goldman Sachs Group Inc. says that “fear” has made a comeback and gold is benefiting as stocks slide and investors fret more about the possibility that the US economy may tumble back into recession.
As An Inflation Hedge, Copper’s Better than Gold
For centuries, gold has been a go-to asset among investors worried about all sorts of financial risks. In the past decade, exchange-traded funds backed by the metal drew more money than any other commodity. Even the world’s biggest central banks hoard bullion as a reserve asset.
Gold Prices Today Rise Near 6-Year High But Silver Declines
Gold Silver Reports (GSR) – Buoyed by a pick-up in festive season demand, gold prices today edged closer to six-year high. Gold rates today rose by Rs 70 to Rs 32,620 per 10 grams ahead of the old upcoming Dhanteras and Diwali festivals.