The gold market is holding on to gains and just down from session highs even as construction in the U.S. housing sector picked up in August.
Indian spot gold rate and silver price on Monday, Sep 20, 2021
Gold Price observed no change since yesterday and also, it was on par with the average gold price observed this week.
Industrial use of silver could increase in the next 5 years - Mark Cruise
The industrial use of silver will likely increase in the next five years, especially as we move toward a low carbon economy, said Dr. Mark Cruise, CEO of New Pacific Metals.
Gold and silver trade higher ahead of the European open
Gold and silver have moved higher heading into the European open this morning.
Gold Price Forecast: XAU/USD remains on the defensive near $1800 mark
Gold struggled to capitalize on the previous day's post-US CPI strong move up from two-week lows and faced rejection near the very important 200-day SMA on Wednesday.
Copper price up on weak US inflation
The copper price firmed on Wednesday as the dollar dipped on lower-than-expected US inflation figures, which softened expectations for stimulus to be tapered soon.
Indian spot gold rate and silver price on Wednesday, Sep 15, 2021
Gold Price observed no change since yesterday and also, it was on par with the average gold price observed this week.
Gold price back above $1,800 on US inflation data miss
Gold pared earlier losses and rose above the $1,800 level once again after the latest US inflation data came in slightly lower than expected, which may ease fears that the Federal Reserve will be forced to taper its bond buying soon.
New uranium fund signals start of bull run amid tight supply
A new uranium fund that’s snapping up supplies signals the start of a lasting bull run for the commodity used to power nuclear plants.
Gold sees price gains following tame U.S. inflation data
Gold and silver prices are higher and trading near their daily highs in early U.S. trading Tuesday, following a U.S. inflation report that came in cooler than expected and in turn sparked a sell off in the U.S. dollar index.
Robust metals price outlook softens in 2022 – reports
The global metals and mining industry outlook has changed from ‘positive’ to ‘stable’, with a new Moody’s Investors Service report finding that despite most metals prices exceeding historical marks, that doesn’t mean they will improve from current levels.
Copper, aluminum prices up as inflation runs hot
A broad rally in base metals markets is gathering pace, with tight supply, logistical logjams and booming demand creating an inflationary storm that’s driving prices to multiyear highs.
Indian spot gold rate and silver price on Monday, Sep 13, 2021
Gold Price observed no change since yesterday and also, it was on par with the average gold price observed this week.
Silver seen tracking copper prices higher
As a keen observer of the silver market, something recently caught my eye concerning the relationship between silver and gold and silver and copper.
Gold, silver see steady price action ahead of U.S. inflation report
Gold and silver prices are not trading far from unchanged in early U.S. dealings Friday.
