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Gold Production to Grow in the Next Four Years: Forecast
Gold Silver Reports (GSR) – “We forecast global gold production to increase from 104moz in 2018 to 115moz by 2022, averaging 2.6% annual growth,” the document reads.”We expect gold prices to continue to head higher, averaging USD1,275/oz in 2018 and USD1,400/oz by 2022,” it adds.
Gold Breaking News – The $200 Trillion Gold Rush that Reshaped Private Banking
Gold Silver Reports (GSR) – For some banks, this burgeoning affluence brightened an otherwise dreary postcrisis landscape. Giants including UBS, Morgan Stanley, and Bank of America seized the opportunity. With trading desks hamstrung by a flurry of new rules, banks set out to woo the growing ranks of the super rich.
Silver Prices Drop Rs 500 on Weak Demand, Gold Rates Fall Rs 200
Gold Silver Reports (GSR) – Silver, too, slumped by Rs 500 to Rs 37,300 per kg owing to reduced demand from industrial units.
Bad News For Jewellery Buyers! Gold Silver Prices Down
Gold Silver Reports (GSR) – Gold prices surged on Thursday after falling for three straight days, largely on fresh buying by jewellers at the domestic spot market, coupled with a better trend globally.