Gold Silver Reports – The head of Randgold Resources Ltd. says the rebound in bullion prices this year could be doing more harm than good for the companies that produce the precious metal.
Silver
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Jewelers Shops Close in Mumbai’s Zaveri Bazaar, Excise Tax Protest
Gold Silver Reports – Jewelry shops across India, the world’s biggest market after China, will shutter for three days starting Wednesday in a bid to reverse plans by Prime Minister Narendra Modi to impose a 1 percent excise duty, according to the All India Gems & Jewellery Trade Federation.
Gold Biggest Comeback is Dominating 2016
Gold Silver Reports → The precious metal is the year’s best-performing major asset. Its 15 percent gain is topping gauges of high-yield and investment grade bonds, Treasuries, all currencies and major stock indexes in developing and emerging countries.
India, China Demand Key Factor ETF Inflows Boost Gold
Gold Silver Reports ~ Gold has recouped the ground it lost during previous session aided by weaker equities and inflows into Exchange Traded Funds(ETF). Gold surged by around 1 per cent on Tuesday as oil and equities fell.
Vedanta Ltd Win India’s First-ever Auction of a Gold Mine
Gold Silver Reports – Vedanta Ltd has won India’s first-ever auction of a Gold mine, a state government official said, as the nation opens up the sector to private companies to curb overseas purchases of the metal that cost it $36 billion last year.
GOLD SILVER PANI PANI HO GAYA Neal Bhai EK AUR HIT HIT HO GAYA
GOLD SILVER PANI PANI HO GAYA @Neal_Bhai EK AUR HIT HIT HO GAYA GOLD MCX 29936 TO 29152 OR SILVER MCX 37923 TO 36145 pic.twitter.com/AUaCx2BrBF — Gold Silver Reports (@goldsilverrepor) February 27, 2016 MCX GOLD SILVER REPORTS AND TIPS http://www.goldsilverreports.com/gold-silver/gold-silver-major-report-updates-by-neal-bhai.html
Gold Price Slip Dollar Up
Gold Silver Reports – Gold prices slipped on Friday as the dollar ticked up and European share markets extended their rally but was heading for a weekly gain as buying surged via exchange traded funds.
Gold Zoom Jumps Above $1250/oz
Gold Silver Rports – Gold zoom above $1250 an ounce and neared a 1-year high on Wednesday, acting as counter against risk alongside top-rated government bonds as oil’s earlier weakness rippled into global equity markets.