Gold Silver Ready for Big Move: It is not often that your Plan B yields a better payoff than Plan A. For Indian households that have traditionally coveted gold and silver trinkets for a ‘rainy day’, that safety net is now punching far above its weight.
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The Gold Market Is Being Tested Like Never Before
From South Africa’s ultradeep mine shafts to vaults underneath London, from metals traders in New York skyscrapers to mainstreet sellers of coins: the global gold market is being tested like neverbefore.
Gold futures prices finish higher as renewed coronavirus fears buoy haven assets
Gold futures prices – Precious metals prices are also benefiting from a slide in rates of government bonds, which have drawn bids due to the reignited fears of the viral illness emanating from China and its potential to hurt global economic growth.
Gold eases as equities edge up, virus concerns cap losses
Spot gold was down 0.1 per cent at $1,574.69 per ounce as of 0427 GMT, having touched its highest since Feb. 4 at $1,577.89 earlier in the session.
MCX Gold Price Steady at Rs 40,080 per 10 gram, Silver Slip
MCX Gold prices declined by Rs 213 to Rs 40,080 per 10 gram in the Mumbai bullion market on rupee depreciation. It, however, traded steady in the international market ahead of European Central Bank’s first policy meet of the New Year later today.
Gold Prices Kiss Two-week high, China will Start Celebrating the Lunar New Year This Weekend
Gold prices rose to a two-week high on Tuesday as a new strain of pneumonia in China stoked fears of a wider epidemic that could hamper economic growth, sparking a sudden bout of risk aversion and sell-off in Asian stocks.
Gold Prices Traded in a narrow $3 Range
Gold prices traded in a narrow $3 range on Monday as strong U.S. economic data encouraged investment in riskier assets while limited risk hedging supported the metal.