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Gold Spot Update and Report – 28 August 2018
Live Gold Silver Reports And Update 27 August 2018, Gold prices today hit a one-month high, buoyed by buying by local jewellers amid festive buzz. In Delhi, gold prices hit the Rs 31,000 mark today by gaining Rs 100, according to PTI.
Watch Gold Spot $1204 Not Cross or Tumbled $1194.20
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Gold Price Prediction 2018 Month Open Low-High Close Mo,% Total,% 2018 Aug 1252 1190-1262 1224 -8.0% -8.0% Sep 1152 1203-1255 1255 -5.7% -13.3% Oct 1086 1172-1213 …
On trigger for the decline in gold price today, Anuj Gupta, Head — Commodity & Currency at HDFC Securities said, “Last week, we saw a strong upside in gold price after the ease in US inflation, which triggered US Fed rate cut buzz in upcoming US Fed meeting.
Silver Price Today Hits Record – The white metal’s price increase is driven by optimism over a potential Federal Reserve interest-rate cut in December, strong inflows into bullion-backed exchange-traded funds, and ongoing supply constraints, as per a Bloomberg report.