Gold charges contact new excessive of Rs 40,000 consistent with 10 grams

Breaching a mental barrier, gold charges in Mumbai touched a new excessive of a bit over Rs 40,000 in keeping with 10 gm, on Monday, enterprise gamers stated. “This is certainly an extraordinary excessive, but decrease through as a minimum 20 according to cent in US Dollar terms. Presently, it’s far $1,545 at the Comex, […]

Craig Hemke: Silver to Continue Lagging Gold, Will Struggle to Overcome $17

Mike Gleason: It is my privilege now to welcome in Craig Hemke of the TF Metals Report. Craig is a well-known call in the metals industry, and runs one of the maximum notably-reputable web sites in our space, and affords some of the satisfactory analysis at the banking schemes, the issues of Keynesian economics, and […]

$5M really worth of gold seized with the aid of UK police on path of medicine cartel

About £4 million ($five million) really worth of gold was seized at London’s Heathrow Airport by using Border Force officials as a part of worldwide research right into a suspected South American pills cartel. The gold, which weighed 104 kilograms (229 kilos), turned into on its manner to Switzerland from the Cayman Islands whilst it […]

Silver simply had its first-class week for the reason that 2016 but gold or bitcoin are better bets, investors say

The precious metallic simply wrapped up its great week for the reason that 2016, sparking renewed interest inside the treasured metals market after hitting a brand new 2019 high on Thursday. Gold, which had been progressively rising, accompanied healthy, climbing to a six-yr height on Friday before cooling off. But not everybody’s betting that silver’s […]

Gold prices hit record high, silver costs continue to surge

Gold prices these days surged to record highs in Indian markets, reflecting a firming global fashion. On MCX, gold costs hit a brand new excessive, after August contracts surged zero. Sixty-five % to ₹35,409 according to 10 gram. Similarly, October gold contracts approached ₹36,000 mark when they surged over 0.7% to ₹35,965. Tracking gold, silver […]

Gold charges continue to be near document high, silver charges surge

Gold prices today remained regular in India close to document highs at the same time as silver fees persisted to surge. On MCX, August gold contracts have been nowadays trading higher at ₹35,094, after hitting a new excessive of ₹35, a hundred forty-five closing week. The October gold contracts have been close to ₹35,600. The […]

Gold charges over Rs 36,000 mark; six key motives why yellow metallic prices are inching better

Gold fee in India is hovering over Rs 36,000 consistent with 10 gm of 24-karat gold. The surge in the price has been continued considering the fact that Friday when the gold crossed the $1,450 mark for the primary time within the closing six years. On Monday, spot gold changed into down zero.2 in keeping […]

Gold ticks up on Iran tensions; firmer dollar limits upside

Gold costs gained on Monday following a steep fall in the preceding session as tensions inside the Middle East and weaker monetary markets supported the steel, even as a stronger dollar kept a lid on gains. Spot gold become up 0.2% at $1,427.26 consistent with ounce as of 0322 GMT. The metallic hit $1,452.60 in […]

Gold vs fixed deposits: Where have to you make investments?

The proper investment for Vasudha will be the only so one can offer the financial guide her modern-day scenario calls for. She pretty much manages her fees with her earnings. At this stage, the financial risk she is maximum in all likelihood to stand is one among inadequate income or no income if she loses […]

Why are gold fees so high? Explained in five factors

London/Singapore: Gold, once mocked for its lack of yield and sensible use, offers some thing the developing pile of terrible-yielding bonds doesn’t – inflation safety. Plus, it makes a first-rate doorstop. As holders of promissory notes issued with the aid of sovereigns and businesses watch the actual fee of their financial savings drain away amid […]