1. coronavirus

    Coronavirus Helping Gold To Rise

    On Thursday, gold prices were on the rise though there have been many worries about the economic impact of the coronavirus in China. However, the scare had made the safe-haven more appealing. Gold was able to go up 0.3% making it $1,581.75 per ounce and gold futures in the U.S. were able to go up 0.…Read More

  2. Gold

    Gold and Silver Prices Fall Sharply

    Gold and silver prices fall sharply in Indian markets, tracking a decline in global markets. On MCX, August gold futures fell 0.50% to ₹34,347 per 10 gram while October contracts declined 0.6% to ₹35,206. Silver contracts saw a sharper fall, with September contracts on MCX declining nearly 1% to…Read More

  3. China

    Gold Gains on U.S-China Trade

    There was an increase in gold prices on Friday. There were doubts that the highly anticipated meeting between the United States and China would ease trade tensions, driving bullion to its best month in three-years. Gold has risen nearly 8.3% so far this month, on track for its biggest monthly percen…Read More

  4. India

    Gold Prices in India Switch to Premium

    Due to firmer demand in the domestic market, gold prices in India flipped into premiums this week. Buyers in top consumer China took advantage of lower bullion prices and increased purchases. Dealers charge a premium of about $1 an ounce over official domestic prices in India. That contrasts with la…Read More

  5. Chinese

    Chinese Data Boosts Risk Sentiment while Gold Eases

    This past Wednesday, gold eased up holding close to this year's lows touched in the last session while data on economic growth from China alleviated concerns on global growth, driving investors into more risky assets. Spot gold dropped 0.1% to $1,274.43/oz as of 12:40 p.m. It dropped after falling a…Read More

  6. Global Events

    Global Events Cause Lowered Gold Value

    Global events continue to affect the value of gold. As tensions lower between economic powers China and the United States, so does the price of gold. In recent days gold’s value saw a nice increase as fear of a trade war grew. Increased tariffs from both the United States government and the Chines…Read More