Gold and Silver Reports

Dollar dependency reduced. Benefits gold

Why is gold being reconsidered as a mode of investment globally? Why is the dollar dependency reducing? Why are central banks world over piling up their gold reserves? Well the answer to this looks simple but the reasons behind it are quite complex. There are so many things happening in

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Gold prices gain Rs 35 to Rs 33,095 per 10 gram

Gold prices gained Rs 35 to Rs 33,095 per 10 gram on Thursday, breaking its two-day fall, on account of increased domestic demand, shrugging off a weak global trend, according to the All India Sarafa Association. Silver, however, dropped Rs 270 to Rs 38,850 a kg amid lower demand from

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Difference between gold ETF and gold saving fund

Gold is back on the table as an investment option. The prices for the yellow metal have increased 6.2% in the past year. Overall, Indians have always been one of the larger consumers of gold. Some invest in mutual funds that invest in gold and some prefer to invest in

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Gold settles at a one-week high on dovish Fed

Gold futures settled at a one-week high on Thursday, buoyed by the Federal Reserve’s dovish policy statement, though strength in the dollar kept prices in check. On Wednesday, after gold futures settled, the central bank left interest rates unchanged as expected and signaled no further increase in interest rates this

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Vietnam:Gold shops prepare for sales surge

Gold demand is expected to surge today, the God of Wealth Day which falls on the 10th day of the lunar year.Legend has it that the god returns to heaven on this day every year, and people think buying some gold brings good luck and prosperity throughout the year.Gold and

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Gold holds firm on trade, growth worries; heads for weekly fall

Gold held steady on Friday on worries that a prolonged Sino-US trade war could worsen global economic slowdown, but a strong dollar put bullion on track for its first weekly loss in three. Spot gold was steady at $1,309.34 per ounce, as of 0320 GMT, after the metal hit its

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Govt proposes national gold spot exchange, seeks to organise trade

The government proposes to set up a single spot exchange for gold, finalising a method to organise the yellow metal's trade a year after the idea was mentioned in the 2018-19 Budget.The electronic exchange will oversee trade right from import, said a source privy to the development. Details on structuring

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Gold futures up 0.15 per cent on positive global cues

Gold futures were trading higher by 0.15 per cent at Rs 32,595 per 10 gram Tuesday as traders raised bets amid positive cues from global markets. Gold to be delivered by February was trading higher by Rs 48, or 0.15 per cent, at Rs 32,595 per 10 gram in a

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India’s Gold Bar Imports Collapsed 21% in Dec ‘18

The Gem & Jewellery Export Promotion Council (GJEPC) sponsored by the Indian Ministry of Commerce and Industry published provisional figures of gems and jewellery items for the month of December 2018. The data indicates significant decline in monthly imports of gold bar by the country. However, the combined gold bar

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Gold futures up Rs 167 on positive global cues

Gold prices rose by Rs 167 to Rs 32,095 per 10 gram in futures trade Monday as speculators widened their bets, tracking a firm trend overseas. At the Multi Commodity Exchange, gold for delivery in February was trading higher by Rs 167, or 0.52 per cent, to Rs 32,095 per 10 gram,

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