Gold Rates To Trade Upside Today Commodities Market

Gold Silver Reports (GSR) – Gold Rates To Trade Upside Today Commodities Market – What next? Everyone says the market shouldn’t dictate what the voters do. But yes, Italy will still need to borrow from the market. And meantime no – if Italy wants to shrug off the market and vote for a surge in deficit-spending, the ECB will not step in to save the Eurozone’s third largest economy and its No.1 debtor from having to pay higher rates.

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Gold Down on Dollar Strength, Easing North Korea Tensions

Gold Silver Reports (GSR) – Gold Down on Dollar Strength, Easing North Korea Tensions — Spot gold was down 0.1 percent at $1,329.04 per ounce at 0335 GMT. The yellow metal rose 0.5 percent on Tuesday to break a three-session losing streak. U.S. gold futures eased 0.2 percent to $1,330.60 per ounce.       

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Thieves Take 12 Kilogram of Gold From South African Mine

Gold Silver Reports (GSR) – Thieves Take 12 Kilogram of Gold From South African Mine – The robbers accessed “heavily guarded” gold storage facilities in a significant security breach at the mine, situated in South Africa’s North West province, she said. The incident is being investigated.                          

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

Gold Slips; Stocks Under Pressure as Dollar Pauses By Goldman Neal Bhai Reports

Gold Silver Reports – Gold Slips, Stocks Under Pressure as Dollar Pauses – Global stocks took another leg down on Thursday in the wake of Federal Reserve minutes that painted a healthy picture of the world’s biggest economy, raising the prospect of tighter monetary policy. The dollar was steady, while Treasuries rose and European bonds were mixed.

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Gold Prices

Gold Prices Gain on Firm Global Cues, Jewellers’ Buying

Gold Silver Reports – Gold Prices Gain on Firm Global Cues, Jewellers’ Buying – Gold prices advanced by Rs50 to Rs31,250 per 10 grams on Monday in tandem with a firm trend overseas along with sustained wedding season buying by local jewellers. Silver prices also recovered by Rs150 to Rs39,200 per kg on increased offtake by industrial units and coin makers.

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