Gold prices had gained Rs 100 yesterday, snapping a two-day fall. Prices of gold of 99.9% and 99.5% purity remained unchanged at Rs 31,850 and Rs 31,700 per 10 gram, respectively. Sovereign gold too remained steady at Rs 24,800 per piece of 8 gram.
Gold Price Today
Gold Demand in India, Second Biggest Gold Consumer after China
Gold Silver Reports (GSR) – Gold demand in India, the second biggest gold consumer after China, usually picks up towards the end of the year going into the wedding and festival season. Traders expect the recent fall in domestic gold prices to perk up demand.
MCX Gold Traders Red Alert – Don’t Trap in Buy Side Next Possible Target 28076 Very Very Soon – Neal Bhai
MCX Gold Traders Red Alert – Don’t Trap in Buy Side Next Possible Target 28076 Very Very Soon – Neal Bhai Reports – MCX Guru – Gold Silver King.
Gold Breaking News – The $200 Trillion Gold Rush that Reshaped Private Banking
Gold Silver Reports (GSR) – For some banks, this burgeoning affluence brightened an otherwise dreary postcrisis landscape. Giants including UBS, Morgan Stanley, and Bank of America seized the opportunity. With trading desks hamstrung by a flurry of new rules, banks set out to woo the growing ranks of the super rich.
Silver Prices Drop Rs 500 on Weak Demand, Gold Rates Fall Rs 200
Gold Silver Reports (GSR) – Silver, too, slumped by Rs 500 to Rs 37,300 per kg owing to reduced demand from industrial units.