2017 March

Short Term seems positive for Gold

God rose by 15 dollars last week from $1229 to $1244 having hit a high of $1252 and a low of $1227. Silver rose by 41 cents from $17.36 to $17.77 having reached a high of $17.78 and a low of $17.33. The dollar index stands at 99.62 that’s down

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Gold hits 1-month peak as Trump's healthcare failure hurts dollar

Gold rose over 1 per cent to touch a one-month high on Monday as the dollar slid after President Donald Trump's failure to pass healthcare reform raised doubts over his ability to push through his economic agenda. Spot gold rose 1 per cent to $1,256.20 per ounce by 0401 GMT,

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Gold trades lower in early trade; may test Rs 29,150 in coming sessions

Gold and silver futures on the Multi Commodity Exchange (MCX) were trading lower in early trade on Thursday as the dollar recovered from seven-week lows and traders looked to see if US President Donald Trump could push through a healthcare bill. The yellow metal was trading 0.18 per cent, or

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Salesman Who Bought Gold in Jungle to Fight Laundering Case

Juan Pablo Granda had a simple job -- go into South American jungles and buy gold for his employer, NTR Metals, to smelt. After U.S. investigators began examining whether NTR might have helped traffickers convert cocaine profits into cash, the company hired Jones Dayto review its practices -- and Granda

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Gold, silver trade flat ahead of US Fed meeting

Gold and silver trades flat with negative bias on the Multi Commodity Exchange (MCX) in early trade on Tuesday as traders awaited the outcome of the two-day meeting of the US Federal Open Market Committee, which is scheduled to start later in the day. The US central bank is widely

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Global gold prices steady amid Fed rate hike expectations

Gold prices were little changed on Tuesday, hovering above a two-week low hit on Friday, amid expectations of a US interest rate hike this month and ahead of key economic data due later in the week. The US monthly jobs report due on Friday includes the non-farm payrolls, seen rising

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Global gold prices steady on safe-haven buying, weaker dollar

Gold prices held steady early on Monday, supported by safe haven buying amid rising geopolitical tensions over North Korea and a weaker dollar. Investors are closely watching developments after the reclusive state fired four ballistic missiles into the sea off Japan’s northwest coast, days after it promised retaliation over US-South

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Gold heading for worst week since December on rate hike worries

  Gold edged down on Friday after falling more than one per cent in the previous session, and was on track for its first weekly decline since late January on expectations of a US rate hike in March. Spot gold dropped 0.2 per cent to $1,232.81 per ounce at 0309

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Gold, silver trade lower in early trade on strong dollar

Gold and silver on the Multi Commodity Exchange (MCX) were trading lower in early trade on Wednesday following strengthening dollar on hawkish comments overnight from the US Federal Reserve officials. Some Fed officials on Tuesday boosted expectations for a March US interest rate increase. The yellow metal was trading 0.62

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