Gold Silver Reports (GSR) – Gold Down on Dollar Strength, Easing North Korea Tensions — Spot gold was down 0.1 percent at $1,329.04 per ounce at 0335 GMT. The yellow metal rose 0.5 percent on Tuesday to break a three-session losing streak. U.S. gold futures eased 0.2 percent to $1,330.60 per ounce.
share market gold rate
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Gold Demand on Akshaya Tritiya 2018
Gold Silver Reports (GSR) — Gold Demand on Akshaya Tritiya 2018 — First off, “investing in gold is not the same as buying gold for consumption. If you plan to buy gold for your daughter’s wedding or to gift your wife, that shouldn’t be counted as investment. Jewelry has emotional value and people generally don’t wish to sell it except in times of extreme financial distress. In addition, making charges during purchase and breaking charges during sale make jewelry unattractive as a form of investment,”
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Gold Imports by India Are Said to Slump Before Key Day for Sales
Gold Silver Reports (GSR) – Gold Imports by India Are Said to Slump Before Key Day for Sales — Shipments plunged 47 percent to 64.2 metric tons in March from 121 tons a year earlier, the person said, asking not to be identified as the figures aren’t public. Imports in the first three months totaled 159 tons, down 42 percent from a year ago. Finance Ministry spokesman D.S. Malik didn’t answer a call to his mobile phone.
Thieves Take 12 Kilogram of Gold From South African Mine
Gold Silver Reports (GSR) – Thieves Take 12 Kilogram of Gold From South African Mine – The robbers accessed “heavily guarded” gold storage facilities in a significant security breach at the mine, situated in South Africa’s North West province, she said. The incident is being investigated.
Nervous’ Investors Pile Into Gold ETFs
Gold Silver Reports (GSR) – Nervous’ Investors Pile Into Gold ETFs — Holdings in all bullion-backed exchange-traded funds tracked by Bloomberg extended their ascent to the highest since 2013, rising for a fourth straight session in the longest run since January. Xetra-Gold, the third-largest commodity-linked ETF, had almost 177 million shares outstanding as of Monday, the most since the Frankfurt-listed fund started trading in 2007.
Gold Investors Await Fresh Move in US-China Trade Spat
Gold Silver Reports (GSR) — Gold Investors Await Fresh Move in US-China Trade Spat – Spot gold was almost unchanged at $1,332.46 an ounce as of 9am. Prices hit a more than two-week low of $1,321.16 an ounce on Friday before closing 0.5% higher. US gold futures were unchanged at $1,335.80 an ounce.