Sat, Dec 3, 2016
A A A
Welcome vaishu
RSS

Commodities Briefing - Categorized | Bullion/Gold, Market Moves more

Gold prices advance on strong Asian physical demand

Posted on 12 October 2011

The largest Gold ETP, SPDR, slipped lower on Monday by 1.52 tonnes but overall metal held remains stable. But, more importantly, physically demand for gold from Asia remains very strong from India and from China following the week-long holiday. Gold bar premiums in Hong Kong have risen to $3/oz, their highest since February and are at 50 cents/oz in Tokyo.
Although prices have surrendered some of Monday’s gains in early trade this morning, they continue to trend higher………………………………………Full Article: Source


 Article link

This post was written by:

VRS - who has written 48800 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
banner
banner
December 2016
S M T W T F S
« Nov    
 123
45678910
11121314151617
18192021222324
25262728293031