Gold Silver Reports (GSR) – Sovereign gold prices, however, today held steady at Rs 25,000 per piece of 8 gram. Silver ready rates fell by Rs 25 to Rs 38,550 per kg, while weekly-based delivery was marginally up by Rs 22 to Rs 38,181 per kg. Silver coins, however, remained unchanged at Rs 74,000 for buying and Rs 75,000 for selling of 100 pieces.
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Gold Prices Supported by expectations of Fewer Rate Hikes by the U.S. Federal Reserve — GSR
Gold Silver Reports (GSR ) – Spot gold inched up 0.1 percent to $1,244.40 per ounce, as of 0115 GMT. U.S. gold futures rose 0.2 percent to $1,249.9 per ounce. Spot palladium was up 0.2 percent at $1,246.30 per ounce. Prices climbed over 2 percent in the previous session.
Gold Prices Remain Steady, Silver Rates zoom Rs 1200 in Two days
Gold Silver Reports (GSR ) – Silver ready prices zoomed by Rs 380 to Rs 37,740 per kg, while weekly-based delivery jumped by Rs 619 to Rs 36,368 per kg. Silver coins, however, also ended flat at Rs 72,000 for buying and Rs 73,000 for selling of 100 pieces.
Crude Oil Up as Saudi Russia Pact and Canada Cuts Ease Supply Fears – Gold Silver Reports (GSR)
Futures in New York rose as much as 1.5 percent, extending Monday’s 4 percent gain. An agreement between Saudi Arabian Crown Prince Mohammed bin Salman and Russian President Vladimir Putin over the weekend raised the possibility of an output accord when OPEC and its partners meet in Vienna on Dec. 6. Prices also received a boost after Canada’s Alberta province announced plans to cut production by 325,000 barrels a day.
Crude Oil Jumps – Russia, Saudis Agree to Extend Alliance, But without specifics
Oil surged the most in more than five months as Saudi Arabia and Russia extended a cooperation pact and U.S.-China trade tensions cooled. Unprecedented supply cuts in Canada also drove prices higher.