Precious Metals News

Gold Price Rally Could Cut India's Demand to Four-Year Low -WGC

Indian gold consumption in the Jan-March quarter rose 8% to 136.6 tons, as investment demand jumped 19% and jewellery demand rose 4% in the quarter, the WGC said.

Gold Slips as Dampened Fed Rate Cut Hopes Dent Appeal

Higher rates reduce the appeal of holding non-yielding gold.

WGC: Unprecedented Gold Price Surge Dented Consumer Demand

The momentum in inflows into Indian gold-linked ETFs too waned during this period.

Gold Price Forecast – Gold Continues to Look Supported

And of course, an area where there’s probably a lot of options played.

The Gold Trade in Uganda Makes a Huge Comeback

The gold trade had been interrupted for almost a year, following the tax debacle that was later addressed.

Gold Holds Steady as Focus Turns to U.S. Economic Data

The market will keep a tab on U.S. GDP data due on Thursday and the Personal Consumption Expenditures (PCE) print on Friday for more clues on the health of the economy and the timing of cuts.

Gold Prices are Dropping as Tensions Between Israel and Iran Calm

The Israeli government’s offensive in Gaza has killed more than 34,00 people and created a humanitarian crisis.

Top Ten Gold Producing Nations in 2023

The world’s third largest gold producing country in 2023 was Russia with a total production of 310 metric tons.

Gold Prices at a Crossroads: Indicators Signal Caution

Currently, the market’s focus is on whether gold prices will uphold the support levels.

Aluminum Scrap Prices: Weekly Market Report- 19th April, 2024

The LME Aluminum Cash Settlement contract edged higher marginally from $2,581.00 a day before to $2,600.00 per tonne.

Steel Scrap Prices: Weekly Market Report – 19th April, 2024

The LME Steel Scrap CFR Turkey (Platts) Month 2 Closing price as on 18th April, 2024 stood at $388.50 per tonne.

Copper Scrap Prices: Weekly Market Report- 19th April, 2024

The LME Copper Cash Settlement contract prices increased modestly from $9,434.00 a day before to $9,617.00 per tonne.

Gold Surges as Escalating Middle East Tensions Bolster Demand

Higher interest rates reduce the appeal of holding non-yielding gold.

Swiss Gold Exports Posted Decline in March, Says Customs Data

The exports to India recorded month-on-month as well as year-on-year decline.