Gold prices jump Rs 65 on global cues

Gold prices jump Rs 65 on global cues - Neal Bhai ReportsGold Silver Reports — Gold prices jump Rs 65 on global cues — Gold prices gained further at the domestic bullion market on Friday, tracking a firm trend overseas and sustained demand from jewellery stockists.

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Discounts Fall as Gold Turns Cheaper

Discounts Fall as Gold Turns Cheaper

Gold Silver Reports — Discounts offered by domestic gold dealers on global spot benchmark prices have dropped to $30-40 per troy ounce from about $100 per troy ounce last week with prices of the precious metal falling about 4%.

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MCX Silver Down Support at 46385 By Neal Bhai

MCX Silver Down Support at 46385 By Neal Bhai

Gold Silver Reports — MCX Silver settled down -0.23% at 47167 as risk averse sentiment cooled expectations of easing monetary policies across the globe. Shares edged slightly lower as a downturn in crude oil curbed the enthusiasm from fresh record highs on Wall Street. While Britain’s shock vote to leave the European Union has led players to raise their bullion price forecasts again this year, after the decision shook up financial markets and sparked a rally in the precious metal to 2-year high.

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How Will a Brexit Vote Impact Gold and Silver Prices?

Gold Silver Reports — The June 23 referendum on whether or not the UK should leave the EU is fast approaching. New polls show that those favoring a leave vote or “Brexit” are leading by 10 to 20 points. This has sent ripples through the markets, as a Brexit is likely to cause economic chaos in the EU, cripple European banks and lead to a Recession. 

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