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“The monetary value of silver underpins the vast majority of its price, and if the metal had only industrial demand working for it, the price would be under $5 an ounce,” says Gold Newsletter editor ...
NEW DELHI: Gold prices on Friday rose by Rs 75 to Rs 41,481 per 10 grams in the national capital amid rupee depreciation, according to HDFC Securities. Likewise, silver also gained Rs 147 to Rs 47,036 ...
Russia’s central bank has maintained the discount at which it buys gold for its reserves at December’s level, it told Reuters on Friday, potentially prompting more local producers and bankers to ...
*Gold to be stuck in range of $1,550- $1,580/ oz- analyst. *Gold in euros hits record peak of 1,456.07 euros/ ounce. Spot gold was unchanged at $1,575.69 an ounce at 1036 GMT, having earlier touched ...
The gold price has gained steadily over the past two days, although a push above Monday’s high is still yet to occur. If the price can clear $1580 then the way is clear to target $1590 and the ...