Reading Time: < 1 minute Gold held a decline after the Federal Reserve indicated it could start reducing stimulus in November, while investors continued to monitor the debt crisis at China Evergrande Group.
Reading Time: < 1 minute Gold held gains on rising demand for haven assets amid concerns over the potential fallout from the debt crisis at China Evergrande Group, with investors also awaiting the outcome of a Federal Reserve meeting.
Reading Time: < 1 minute Gold’s slight rebound on Friday from a sharp selloff in the previous session lost steam as the dollar gained, putting it on course for a second weekly dip with investors focused on the U.S. Federal Reserve’s tapering strategy.
Reading Time: 2 minutes Silver fell to its lowest level since December by falling more than 6.5% this week, as indicators of a strong economy fuelled expectations that policymakers would soon begin to remove stimulus.
Reading Time: < 1 minute CRISIL report states that after two consecutive years of decline, the revenue of gold jewellery retailers are poised to grow 12-14 per cent year-on-year this fiscal, driven by stable gold prices and recovery in discretionary spending.
Reading Time: < 1 minute Gold and silver headed for their second straight weekly declines as signs of economic recovery in the U.S. added to speculation that stimulus could be reduced soon.
Reading Time: < 1 minute Bullion has traded in a tight range around $1,800 an ounce in recent weeks as investors weighed the outlook for reductions in stimulus amid risks from the delta virus variant and inflationary pressures