Gold Prices Slip Today Silver Edges Lower

Gold Prices Jumps Rs650 on Demand Push, Retake Rs31,000 Level

Gold prices jumpsGold Silver Reports — Gold prices jumps Rs650 on demand push, retake Rs31,000 level — Gold prices on Thursday took strength from a positive trend overseas by surging Rs650 per 10 grams to seize the Rs31,000 level, driven up by fresh local buying. But silver fell sharply by Rs350 to Rs41,500 per kg, mainly due to softening demand by industrial units and coin makers.

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Gold

Gold Testing Critical Breakout Level

Gold Testing Critical Breakout LevelGold Silver Reports — Gold Testing Critical Breakout Level — Below looks at the gold/US dollar ratio over the past 8-years. The ratio is testing a level that has been critical to gold bulls for the past few years and we suspect it will be critical for it again at this level.

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silver

India Plans to Set New Gold Bourse Rules in November

New Gold Bourse RulesGold Silver Reports — India Plans to Set New Gold Bourse Rules in November — India plans to finalize trading specifications for the country’s new spot gold exchange in November amid a push to improve transparency in the world’s second-biggest bullion market, people familiar with the matter said.   

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