Gold Silver Reports — The U.S. economy should be solid enough to merit an interest-rate increase this year, and the central bank won’t cave to political pressure to refrain from tightening during a presidential election year, said John Williams, president of the Federal Reserve Bank of San Francisco.
Gold Silver Reports — Gold is heading for the biggest weekly increase in more than a month as investors scaled back expectations for further interest-rate increases in the U.S., raising the appeal of the metal as a store of value.
Gold Silver Reports ~ Spot gold prices are trading higher by 0.3 percent today at $1146.2 per ounce while MCX gold prices are trading flat at Rs.27187 per 10 gms.