Gold Silver Reports (GSR) – As the biggest Indian fiesta, the festival of lights — Diwali — is round the corner, all the people have been ready with their respective to do lists on the auspicious occasion.
Dollar
So Should You Buy Gold at a Time Like This? – Gold Silver Reports
The price of gold (99.9 percent purity) was around Rs. 31,900/10 gm in the bullion market on October 5. The fear of a full-blown trade war between the US and China in the near future has pushed up the demand for gold, and its prices.
Dollar Yesterday Close is above All Previous Highs Achieved Throughout This Year
Gold Silver Reports (GSR) Dollar yesterday close is above all previous highs achieved throughout this year. On May 29, the dollar closed at 94.79, and on June 14 the dollar index closed at 94.77. These highs had been the highest trading points of 2018, and up until today, the dollar had never closed above 95 on the index in 2018.
Asian Stocks Mixed; Dollar Drops to Three-Year Low
Gold Silver Reports – Asian Stocks Mixed; Dollar Drops to Three-Year Low – The rally in Asian stocks stalled Wednesday even after U.S. stocks rose for a third day. The yen strengthened as the dollar resumed its decline.