Gold Silver Reports (GSR) – In December, we celebrated 40 years of market reforms in China. In January, there was another important anniversary: 20 years of the euro area. So, let’s move from East Asia to Europe, analyzing the economic situation of the Eurozone and its implications for gold.
Gold Price Today
Gold Prices Down, Silver Rates Slip
Gold Silver Reports (GSR) – Gold prices today slipped on muted demand from jewellers and muted trend overseas.
Gold prices fall after 3 days but silver rates top Rs 40,000
In Delhi, prices of gold of 99.9% and 99.5% purities today declined by Rs 145 each to Rs 32,690 and Rs 32,540 per 10 gram, respectively. Sovereign gold, however, remained unchanged at Rs 25,200 per piece of 8 gram.
2019 में सोन की चाल पर बाजार की नजर, चांदी कितनी चमकेगी
Gold Silver Reports (GSR ) – गोल्ड पर इंपोर्ट ड्यूटी कम करने, इंडिया गोल्ड एक्सचेंज खोलने, गोल्ड बैंक शुरू करने के लिए विशेष लाइसेंस पॉलिसी बनाने, गोल्ड सेटलमेंट और क्लियरिंग मैकेनिज्म बनाने, गोल्ड सेविंग्स अकाउंट शुरू और गोल्ड बॉन्ड स्कीम में बदलाव करने का प्रस्ताव है।
Gold Prices Headed Higher in 2019, Say Analysts
Gold Silver Reports (GSR ) – Spot bullion hit a six-month high on Friday, topping $1,280 an ounce, as investors favored defensive assets, adding to holdings in exchange-traded funds over the month.
Breaking News – Import Duty On Gold May Be Cut 4% from the Current 10%
Gold Silver Reports (GSR) – “We are pushing for it (gold policy) as we need an integrated policy. In the next few days, we will have a meeting of all concerned people to frame the policy on an expeditious basis. We are looking at all elements of gold in the policy,”.
Gold Prices Jump Today But Silver Rates Drop
In global markets, gold prices today edged higher supported by a softer dollar and weakness in the equities market. Overnight, the US Federal Reserve hiked interest rates by 25 basis points, as widely expected, but what took markets by surprise was the US central bank’s commitment to retain the core of its plan to tighten monetary policy, despite rising uncertainty about global economic growth. Spot gold prices rose 0.5% to $1,249.46 per ounce.