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Gold touches near 7-month low on dollar strength; focus on US jobs data
02 Oct 2023 03:30 GMT
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* Spot gold was down 0.1% at $1,846.29 per ounce by … the opportunity cost of holding bullion, which is priced in dollars … partial shutdown in a decade.
* Spot silver dipped 0.71% to … low at $22.00 per ounce, platinum rose 0.2% to …
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Gold Market Gyrate on U.S. Government Shutdown Theatrics
01 Oct 2023 20:14 GMT
… who are aiming to accumulate bullion should welcome soft market … hunters to place orders for bullion. Money Metals saw increased … market for gold and silver. In addition to reduced spot prices, … Plan makes it easy for bullion investors to implement. Just …
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Asia Gold-China demand robust; India buyers unimpressed by price dip
01 Oct 2023 19:02 GMT
… elevated between $80-$100/oz this week
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China markets … $80 and $100 an ounce over global spot prices, compared with $60 … likely to boost shipments.
Bullion is seen as a safer … Jain, proprietor of Mumbai-based gold wholesaler Chenaji Narsinghji.
“Buying …
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Veracity Capital LLC Sells 779 Shares of Van Eck Merk Gold Trust (NYSEARCA:OUNZ)
01 Oct 2023 13:52 GMT
… quarter.
Van Eck Merk Gold Trust Stock Performance
NYSEARCA OUNZ … (Free Report)
The VanEck Merk Gold Trust (OUNZ) is an exchange … fund tracks the gold spot price, less expenses, using gold bars and coins … shares for gold in increments of 1 troy oz. OUNZ was …
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Losing shine? Investment demand for gold plummets to four-year lows
01 Oct 2023 04:49 GMT
… critical $1,900 per troy ounce threshold, primarily in response to … .
In terms of price action, spot gold in dollar terms has breached … near $1,884 per troy ounce, concluding the week at its … down to $1830 per troy ounce, provided that the support-turned …
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YGEA set gold reference price lower as spot gold price dips below US$1,900
29 Sep 2023 00:20 GMT
The spot gold price dropped below US$1,900 per ounce, prompting … the Yangon Region Gold Entrepreneurs Association … ounce or 0.016 kilogramme) at the end of September.
The spot gold … price hit $1,940 per ounce in early …
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Gold prices fall to six-month low. What’s bothering traders?
30 Sep 2023 05:19 GMT
Gold on the key London spot market declined to a six- … zone of $1880 an ounce.
Recently, gold prices have been primarily driven … dollar strengthens, the price of gold in dollars typically falls, and … a decline in demand for gold.
Also, gold is often seen as …
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Gold price hits two month low on soaring US dollar rates. Buy or wait for more correction?
30 Sep 2023 02:56 GMT
… Spot gold price even breached its crucial support of $1,880 per ounce … levels and ended at $1,848 levels on Friday. Gold … 810 to $1,800 per ounce levels whereas on MCX, … $1,880 per ounce and drifted lower. Surprisingly, gold failed to attract …
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Analysts expect gold to kick off Q4 with gains, while retail investors are evenly split
30 Sep 2023 00:16 GMT
… Analyst at Gainesville Coins, attributed gold's recent slide … investors expect gold to trade around $1,872 per ounce next … . The yield difference between gold and other traditional safe havens … spot gold last trading near session lows at $1,849.09 an ounce …
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Chinese gold prices fall to 2020 levels, eliminating record spot premium
29 Sep 2023 19:28 GMT
… $10 per ounce higher than the international spot price according to … The spread between the spot price of gold in Shanghai and in … higher for an ounce of gold than the global spot price. By the … decision on Sept. 20, with spot gold last setting new session lows …