Gold Silver Reports – Gold prices drifted in a narrow range on Friday after hitting a near three-week low in early trade as the dollar gained against the euro after the European Central Bank (ECB) extended its bond buying programme.
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Global Gold Prices Steady on Weaker Dollar
Gold Silver Reports – Gold prices steadied on Thursday as global equities fell and the US dollar held near a week low versus the euro before a European Central Bank (ECB) meeting, though risks for gold prevailed in the absence of any hawkish surprises from the ECB.
Gold Prices Slip Fed Chair Speculation
Gold Silver Reports – Gold prices edged lower on Wednesday, pressured by stronger equities and a firmer dollar amid speculation over who will be the next US Federal Reserve chief. Spot gold was down 0.2% at $1,273.70 an ounce and US gold futures for December delivery were 0.2% lower at $1,275.20 per ounce.
Global Gold Prices Up, But Stuck in Tight Range
Gold Silver Reports – Gold prices inched up on Tuesday on the back of a slightly weaker dollar, but traded in a tight range amid possibilities of an early announcement on the next US Federal Reserve chair.
Gold Prices Slip Rs100 on Global Cues
Gold Silver Reports – Gold prices fell by Rs100 to Rs30,650 per ten gram in Delhi the bullion market on Saturday amid a weakening global trend and muted demand from local jewellers. However, silver recovered by Rs50 to Rs40,850 per kg on scattered enquiries from industrial units.
India Tightens Gold Import Norms For Export Houses
Gold Silver Reports – India tightened gold import norms for export houses by restricting them from importing the yellow metal only for export purposes and not for selling in the domestic market, the government said in a circular on Wednesday.
Gold Prices Fail to Sparkle in Mumbai on Diwali
Gold Silver Reports – Gold Prices Fail to Sparkle in Mumbai on Diwali – Gold prices slumped for the second day by Rs120 per 10 grams at the bullion market in Mumbai on Wednesday, taking weak cues from global market amid slackened demand from jewellers and retailers.
Dhanteras Gold Sales Fall 30%
Gold Silver Reports – Gold demand remained subdued this Dhanteras, with overall sales falling by 30% compared with the 2016 festival season, but consumer purchases were higher than those recorded during Navratri and Dussehra late last month.
Gold Prices Very Very Soon 28000
Gold Silver Reports – Gold Prices Very Very Soon 28000 – The volatility in gold markets continues to spook investors with host of factors ranging from the nuclear prowess of the North Korean peninsula and the words of war exchanged by the two nations, followed by the interest rate hike by the US Federal Reserve, which many in the markets feel will happen as soon as December. The aftermath of the hurricane IRMA and Harvey also added to the momentum in the gold prices.
Gold Spot Price Report October 17, 2017
Gold Silver Reports – Gold Spot Price Report October 17, 2017 – Gold markets have shown a bit of strength during the Monday session, as we continue to hang above the $1300 level.