Gold Silver Reports (GSR) – Silver on MCX settled up 0.52% at 40170 as the dollar dropped as the prospects of a Sino-U.S. trade deal improved investors’ appetite for riskier assets.
silver prices today
Buy Gold for 1 Rupee: Sellers Try New Ways to Boost Demand
Gold Silver Reports (GSR) – “A lot of people have been buying at one rupee,” according to Gaurav Mathur, managing director of digital platform SafeGold, which has partnered with payments apps such as Flipkart Online Services Pvt.’s PhonePe to sell gold starting at that price. “It’s a low-risk way to try the product.”
MCX Silver Tips – Sell Karo Aur So Jaao Next TARget – 35510—34734 – Neal Bhai Reports
MCX Silver Tips – Sell Karo Aur So Jaao Next TARget – 35510—34734 – Neal Bhai Reports
December gold futures were last down $5.60 an ounce at $1,222.40. December Comex silver was last down $0.257 at $14.245 an ounce. silver prices are sharply lower in early U.S. trading Friday, pressured by a firmer U.S. dollar index on and sharply lower crude oil prices.
MCX Silver Intraday Support 36420
Gold Silver Reports (GSR) – New York Fed President John Williams said the Federal Reserve “will be likely raising interest rates somewhat.” The recent winning streak began when Fed Chairman Jerome Powell warned last Wednesday of slowing demand abroad, fading fiscal stimulus at home and the lagged economic impact of the Fed’s past rate increases, suggesting that a pause in tightening may well come in 2019.
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.