Gold Silver Reports (GSR) – Precious Metals Trader Beats Spoofing Conspiracy Charge — Andre Flotron, 54, was cleared by a federal jury in New Haven, Connecticut, of a single count of conspiracy to engage in commodities fraud. It was the first acquittal in a spoofing-related case since the U.S. outlawed the practice in 2010. He could have faced as long as 25 years in prison if convicted.
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Gold Prices Near five-week Low as Higher Dollar By Neal Bhai Reports
Gold Silver Reports (GSR) – Spot gold was up 0.05% at $1,323.66 per ounce at 03.51am GMT (9.21am IST), after falling by as much as 0.9% to $1,318.51 in the previous session, its lowest since 21 March. US gold futures gained 0.1% $1,324.7 an ounce.
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.
Gold Silver Prices Up on Firm Global Cues, Silver Kiss High Rs 41000
Gold Silver Reports (GSR) – Gold Silver Prices Up on Firm Global Cues, Silver Kiss High Rs 41000 — Traders said, apart from a firm trend overseas, brisk buying by local jewellers to meet wedding season demand in the domestic spot market kept gold prices higher. Besides, a depreciated rupee against the dollar made imports of the metal costlier, thus fuelling the uptrend, experts said.
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Gold Demand on Akshaya Tritiya 2018
Gold Silver Reports (GSR) — Gold Demand on Akshaya Tritiya 2018 — First off, “investing in gold is not the same as buying gold for consumption. If you plan to buy gold for your daughter’s wedding or to gift your wife, that shouldn’t be counted as investment. Jewelry has emotional value and people generally don’t wish to sell it except in times of extreme financial distress. In addition, making charges during purchase and breaking charges during sale make jewelry unattractive as a form of investment,”
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