Gold Silver Reports (GSR) – Gold prices rose on Friday, having hit a one-week high earlier in the session, as investors sought safe-haven assets amid fears of a chaotic departure for Britain from the European Union.
Gold
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Gold Prices Up 1 Percent on Dollar Retreat, Short Covering Rally
Gold Silver Reports (GSR) – Spot gold was up 0.90 percent at $1,212.20 per ounce. This was the metal’s biggest one-day gain in nearly two weeks. Prices had slipped to their lowest since Oct. 11 at $1,195.90 in the previous session. U.S. gold futures settled up $8.70, or 0.72 percent, at $1,210.10
Gold Edges Back Above $1200 as Dollar Rally Stalls
Gold Silver Reports (GSR) — That caused spot gold to climb to $1,200.30 per ounce, after the metal fell to its lowest since Oct. 11 at $1,195.90 earlier in the day. U.S. gold futures settled at $1,202.40 per ounce.
Ahead of Dhanteras – Indian Gold Demand in 2018 is Expected to Fall From the Previous year
Ahead of Dhanteras – Indian Gold Demand in 2018 is Expected to Fall From the Previous year – A fall in demand from the world’s Second Biggest Bullion buyer could weigh on global prices that are already down 6.5 percent so far this year.
Why Gold Prices Are Rising
Goldman Sachs Group Inc. says that “fear” has made a comeback and gold is benefiting as stocks slide and investors fret more about the possibility that the US economy may tumble back into recession.