Gold Silver Reports – Gold Prices Remain up on Sustained Jewellers’ Buying — Gold maintained its upward trend for the second day today, gaining another Rs30 at Rs31,200 per 10 grams at the bullion market on Saturday on sustained buying by local jewellers even as the metal weakened overseas.
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Another Bullion Flash Crash Is Testing Traders
Gold Silver Reports — After-hours surges and plunges that have whipsawed gold and silver prices over the past 2 weeks are unnerving traders.
Gold Up High on Political Risks
Gold Silver Reports — Gold rose to its highest in seven weeks on Tuesday as weak economic data in the United States reduced expectations of rapid U.S. interest rate rises this year, pushing the dollar to a seven month-low and lowering U.S. bond yields.
SOLID GAINS IN GOLD AFTER TESTING NEAR RS 28K
Gold Silver Reports — A sharp recovery was noted in Gold following the slightly dovish stance of US Fed. COMEX Gold futures soared around a two week high as continued weakness in the dollar following the Federal Reserves cautionary stance on the pace of interest-rate increases this year boosted the sentiments.
Gold Surpasses Rs30000 Level Again, Silver Above Rs43000
Gold Silver Reports — Gold prices got past the Rs30,000-mark again by climbing Rs375 to Rs30,100 per 10 grams on Saturday, reflecting strong global uptrend and increased buying by local jewellers.