Gold in UAE: Prices to briefly rise as US signals slowing rate hikes for the first time, before dropping again
Global spot gold may end its bounce around $1,757 per ounce and resume its drop thereafter
Source: gulfnews.com
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Gold advances as Fed signals slower rate hikes
Gold prices bounced above the key $1,750 an ounce level on Thursday, consolidating gains after minutes of the U.S. Federal Reserve's latest meeting signalled slower interest rate hikes. Spot gold rose 0.4 per cent to $1,755.73 per ounce by 0321 GMT. U.S. gold futures advanced 0.6 per cent to $1,755.90.
Source: deccanherald.com
Gold hits 8-month high as Russia-Ukraine tensions boost appeal
Gold prices were steady near an eight-month high on Tuesday, as heightened tensions between Russia and the West over Ukraine prompted investors to shun riskier assets and opt for safe-haven...
Sherry Jacob Phillips Stephen Innes Bharat Gautam David Mitchell Bharat Govind Gautam Indigo Precious
Source: marketscreener.com
Asia Gold Lower prices, seasonal demand brighten buying in top hubs
Physical gold demand in major Asian hubs rose this week, benefiting from a continued retreat in prices and a seasonal uptick, while Indian jewellers awaited for a further slide before stocking up.
Source: reuters.com
Asia Gold-India dealers hope for wedding rush as price dip sparks demand
Physical gold demand picked up in major Asian hubs this week helped by a retreat in prices, with dealers in India prepared for a likely spurt in buying as the wedding season gathers pace. ...
Source: marketscreener.com
Dealers Prepare For Spurt In Buying Amid Wedding Season As Physical Gold Demand Picks Up In Asian Hubs
Physical gold demand picked up in major Asian hubs this week helped by a retreat in prices, with dealers in India prepared for a likely spurt in buying as the wedding season gathers pace.
Source: ndtv.com
Asia Gold India dealers hope for wedding rush as price dip sparks demand
Physical gold demand picked up in major Asian hubs this week helped by a retreat in prices, with dealers in India prepared for a likely spurt in buying as the wedding season gathers pace.
Source: reuters.com
US Mint Warns It Can't Meet "Surging Demand" For Silver & Gold
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
David Mitchell Peter Fung With The Fed Indigo Precious Hong Kong Based Wing Fung Precious United States Mint
Source: zerohedge.com
UPDATE 1-Silver dealers scramble to find supplies for retail buyers
* UK Royal Mint sees demand jump * India, China buying muted (Updates with comments from UK Royal Mint, SD Bullion; updates price reference) Feb 2 (Reuters) - A retail investment frenzy in silver over the past couple of days driven by social media has left dealers in some regions scrambling for bars and coins to meet demand. Silver prices fell on Tuesday as a buying spree by smaller investors seen mainly in silver mining shares and exchange-traded funds fizzled out following a margin hike on fu...
Source: reuters.com
Some silver dealers chase supply as retail frenzy hots up, but China and India stay cool
3 Min Read Feb 1 (Reuters) - A GameStop-inspired frenzy of retail investment in silver has left physical dealers from the U.S. to Singapore scrambling for bars and coins, but the rush to buy was much more muted in the leading Asian consumers of physical bullion, China and India. Silver prices extended a blistering rally on Monday as small investors answered calls on social media last week to buy the metal to push up prices. “There are massive shortages. We’ll be completely out of stock if i...
Source: reuters.com