Global Gold Prices Archives

Gold Prices May Fall Further After Breaking Chart Support – Gold Silver Reports

Last Updated On September 5, 2018 5:13 PM by Neal Bhai

GOLD TECHNICAL ANALYSIS Gold Silver Reports (GSR) — Gold prices look to be resuming the dominant decline launched in mid-April after breaking counter-trend support guiding the upswing from August lows. A daily close below the August 24 lowat $ 1,183 opens the door for a test of the swing bottom …

Gold Prices Hit 17-month low today as Investors seek refuge in dollar – Gold Silver Reports

Last Updated On August 15, 2018 5:05 AM by Neal Bhai

Global gold prices hit 17-month lows on Monday, losing out to US Treasuries and a stronger dollar as investors sought refuge from a financial market rout triggered by a crashing Turkish lira. Investors traditionally use gold as a means of preserving the value of their assets during times of political and economic uncertainty and inflation. But it has this year failed to benefit as investors made a beeline for US Treasuries, seen as the ultimate safe haven, which meant they had to buy dollars.

Gold Prices Rise by ₹150 Today

Last Updated On June 13, 2018 7:46 PM by Neal Bhai

Gold Silver Reports (GSR) – Gold prices rose by ₹ 150 to ₹ 31,950 per 10 grams on Wednesday amid fresh demand from local jewellers despite weakness in global gold prices, reported PTI. Moreover, a depreciating rupee against the US dollar, which makes gold imports costlier, supported domestic gold prices. Silver prices, however, edged down by ₹ 10 to ₹ 41,550 on selling pressure, added the report. Global gold prices fell to a one-week low in the previous session, as investors waited for clues on the pace of future interest rate hikes by the US Federal Reserve when its policy meeting concludes later in the day.

Global Gold Prices Flat as Risk Appetite Increases Amid Rate Hike Prospects

June 5, 2018 12:13 PM by Neal Bhai

Gold Silver Reports (GSR) – Gold prices were steady on Tuesday, after falling for three days, as investors opted for riskier assets amid increasing prospects of an interest rate hike in the US following strong US economic data.

Gold Prices Climb as Dollar Weakens on EU-US Trade Woes

Global Gold Prices Steady as North Korea, Global Trade Concerns Ease

March 29, 2018 5:14 PM by Neal Bhai

Gold Silver Reports (GSR) — Global Gold Prices Steady as North Korea, Global Trade Concerns Ease – Gold prices held largely steady on Thursday, a day after posting its biggest one-day percentage fall in nearly 9 months, as tensions over North Korea and global trade eased.

Global Gold Prices steady as Trade War Tensions Ease

March 29, 2018 5:08 PM by Neal Bhai

Gold Silver Reports (GSR) – Gold prices were little changed on Wednesday after falling in the previous session as concerns about a potential trade war between US and China eased which supported the dollar and reduced the incentive to hold bullion as a safe-haven asset.

Global Gold Prices up on Weaker Dollar, Russian Tensions

March 28, 2018 6:55 AM by Neal Bhai

Gold Silver Reports (GSR) – Gold prices rose for a third session on Tuesday as the dollar languished near a five-week low, as investors eyed rising tensions between Russia and the West even as a US-China trade spat appeared to ease.

Global Gold Prices Rise on Increasing US Protectionism Concerns

March 15, 2018 10:49 AM by Neal Bhai

Gold Silver Reports (GSR) – Global Gold Prices Rise on Increasing US Protectionism Concerns — Gold prices rose on Wednesday to a one-week high on a weaker dollar following US secretary of state Rex Tillerson’s sudden dismissal, which invigorated concerns of protectionist policies hampering global risk appetite.

Global Gold Prices Edge Up as Outlook for Faster US Interest Hikes Weigh

February 28, 2018 8:04 PM by Neal Bhai

Gold Silver Reports – Global Gold Prices Edge Up as Outlook for Faster US Interest Hikes Weigh — Gold prices up slightly on Wednesday, extending the decline from the previous session, as investors interpreted comments from Federal Reserve chairman Jerome Powell to mean that the US may raise interest rates more frequently than anticipated this year.

Global Gold Prices set for 4th Week of Gains

January 5, 2018 2:40 PM by Neal Bhai

Gold Silver Reports – ✅ Global Gold Prices set for 4th Week of Gains – Gold prices on Friday held near three and a half month high that was reached in the previous session to remain on track for their fourth-straight weekly gain, with attention turning to US payroll data due later in the day.