Gold Demand Supported as Central Banks Sour on Dollar Denominated Debt

Sanctioned Russian’s Family Sells $6 Billion Stake in Gold Miner

Foreign governments have begun reallocating at least part of their holdings to gold an old market stalwart that once underpinned the global monetary system, but fell out of favor when governments embraced deficit spending and paper money untethered from bullion.

Read More →

Gold @ Two Week High on Trade Deal Hopes

Gold Silver Reports (GSR) – Spot gold had gained 0.1 percent to $1,322.41 per ounce as of 0747 GMT. The metal touched $1,325.30 earlier, just below a 9-month peak of $1,326.30 an ounce marked on Jan. 31.

Read More →

MCX Gold Resistance Level 31833, Sell On Rise – Neal Bhai

Gold Silver Reports (GSR ) – Gold Prices remain positive as the ongoing US government shutdown drags on risk appetite, and the uncertainty surrounding fiscal Policy may ultimately push the FOMC to endorse a wait-and-see approach at the next interest rate decision on January 30.

Read More →