Gold Silver Reports (GSR) – Gold demand in India, the second biggest gold consumer after China, usually picks up towards the end of the year going into the wedding and festival season. Traders expect the recent fall in domestic gold prices to perk up demand.
Silver Price Today
Gold Breaking News – The $200 Trillion Gold Rush that Reshaped Private Banking
Gold Silver Reports (GSR) – For some banks, this burgeoning affluence brightened an otherwise dreary postcrisis landscape. Giants including UBS, Morgan Stanley, and Bank of America seized the opportunity. With trading desks hamstrung by a flurry of new rules, banks set out to woo the growing ranks of the super rich.
Silver Prices Drop Rs 500 on Weak Demand, Gold Rates Fall Rs 200
Gold Silver Reports (GSR) – Silver, too, slumped by Rs 500 to Rs 37,300 per kg owing to reduced demand from industrial units.
Gold Prices Fall For Second Day, Silver Rates Decline
Gold Silver Reports (GSR) – Gold rates today slipped by Rs 100 to Rs 32,000 per 10 grams. Steady global prices capped the fall in domestic gold rates, traders said. Tracking gold, silver rates today fell by Rs 200 to Rs 37,900 per kg, hurt by lower offtake by industrial units and coin makers. Prices of gold of 99.9% and 99.5% purity fell by Rs 100 each to Rs 32,000 and Rs 31,850 per 10 gram, respectively.
Gold Prices Recover on Global Cues, Wedding Demand
Gold Silver Reports (NBR) – Taking positive leads from the global market and gold wedding season buying by local jewellers and retailers, gold prices recovered by Rs 80 during the week in the bullion market.