Precious Metals

Bloomberg reported that a strike by jewellers in India may curb demand for gold and push prices down.

Bloomberg reported that a strike by jewellers in India may curb demand for gold and push prices down.

As quoted in the market news:

Spot gold fell as much as 0.3 percent to $1,659.52 an ounce and traded little changed at $1,661.52 by 11:26 a.m. in Singapore. The metal lost 1 percent yesterday, the biggest drop since March 14. Bullion for June delivery rose 0.2 percent to $1,663.40 an ounce on the Comex in New York.

Click here to read the full Bloomberg report.

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Gold1763.08+8.35
Silver20.07+0.12
Copper3.51+0.04
Palladium2082.31+6.31
Platinum898.37+9.36
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