Gold holds near 1-week low as Powell sticks to hawkish narrative
(Reuters) – Gold steadied on Wednesday after shedding nearly 2% in the previous session on an elevated dollar, with demand for the non-yielding asset blunted by Federal Reserve Chair Jerome Powell signalling more rate hikes.FILE PHOTO: An employee casts ingots of 99.99 percent pure gold during production at Krastsvetmet precious metals plant in the Siberian […]
Gold prices fall Rs 200, silver prices unchanged at Rs 67,000 per kg
Gold prices fell Rs 200 in Tuesday’s early trade, with ten grams of 24-carat gold trading at Rs 56,350, according to the GoodReturns website. Silver prices remained unchanged at Rs 67,000 per kilogram. The price of ten grams of 22-carat gold dipped Rs 200 from yesterday’s close to […]
You Won't Believe How Many Cans of Soup It Takes to Buy a Dollar…
Wait a minute – surely the question should be the other way around? Actually….no! Join Mike Maloney in this fascinating thought experiment based on information from his latest book The Great Gold & Silver Rush of the 21st Century. Source link
Gold, silver prices remain unchanged, yellow metal trading at Rs 56,550
Gold prices remained unchanged during Monday’s early trade, with ten grams of 24-carat gold trading at Rs 56,550, according to the GoodReturns website. Silver prices rose by Rs 100 to Rs 67,000 per kilogram. The price of ten grams of 22-carat gold remained unchanged as the yellow metal […]
Gold prices rise by Rs 100 to Rs 56,550, silver remain prices unchanged
Gold prices rose during Saturday’s eary trade by Rs 100 with ten grams of 24 carat gold selling at Rs 56,550, according to the GoodReturns website. Silver prices remained unchanged with 1 kg of the precious metal trading at Rs 66,900. The price of ten grams of 22 carat gold […]
Will Elon Musk Buy a Silver Mine? Silver to $125 as EV Companies Drive Demand: Keith Neumeyer
Car companies are interesting in potentially acquiring silver mines, as vertical integration happens across sectors, says Keith Neumeyer, President and CEO of First Majestic Silver (NYSE: AG; TSX: FR). Neumeyer discusses how rising industrial demand will send the silver price to triple-digits, and why he is optimistic about gold in 2023. Source link
Softer dollar sets gold on track for best week since mid-January
(Reuters) – Gold prices climbed to their highest in more than two weeks on Friday and were on track for their biggest weekly rise since mid-January, supported by a softer dollar as investors gauged the U.S. central bank’s policy path.FILE PHOTO: Ingots of 99.99 percent pure gold are placed in a workroom at Krastsvetmet precious […]
Gold prices rise by Rs 160 to Rs 56,450, silver price falls by Rs 300
Gold prices rose by Rs 160 from yesterday’s close during Friday’s early trade with ten grams of 24 carat gold selling at Rs 56,450, according to GoodReturns website. Silver prices went down by Rs 300 with 1 kg of silver trading at Rs 66,500. The price of ten grams of […]
Gold loses steam as dollar turns higher, rate worries persist
(Reuters) – Gold prices were set to break a three-session winning run on Thursday, weighed down by a firmer dollar and as bullion’s outlook remains clouded by prospects of further interest rate hikes from the U.S. Federal Reserve.FILE PHOTO: 50g gold ingots are pictured after being minted at the plant of refiner and bar manufacturer […]
Gold price rises to Rs 56,290, silver price unchanged at Rs 66,800
Gold price rose by Rs 170 in Wednesday’s early trade with ten grams of 24-carat gold trading at Rs 56,290, according to the GoodReturns website. Silver prices were unchanged with 1 kg of the precious metal selling at Rs 66,800. The price of ten grams of 22-carat gold […]