Gold Silver Reports (GSR) – The world’s largest oil companies have survived a life-changing crisis, and are now poised to reap the rewards, Goldman Sachs Group Inc. said.
Commodity News
Commodity News – Real-time Accurate MCX Commodity Market News and forecast for today. Best commodity market online tips through whatsapp and telegram by Neal Bhai.
Gold Price Prediction, Correction Dependent on Risk Recovery
Gold Silver Reports (GSR) – Gold Price Prediction, Correction Dependent on Risk Recovery : Trade developments, risk appetite and position adjustment are liable to dominate the gold price discussion during the week ahead, with the U.S. interest rate debate on hold for the very short term. Gold moved lower during the first half of the past week before reversing and posting significant net gains – with five-week highs near $1,350 per ounce – under the influence of a sharp deterioration in risk appetite.
Powell Jumps in Driver’s Seat as Fed Weighs Speed of Rate Hikes
Gold Silver Reports – The tougher job for the Federal Reserve’s new chairman as he presides over his first gathering of the central bank’s policy-setting committee is deciding what to do next.
Gold Prices Plunge by Rs 460 on Weak Global Cues, Fall in Demand
Gold Silver Reports – Gold Prices Plunge by Rs 460 on Weak Global Cues, Fall in Demand — Gold prices tumbled by Rs460 to Rs31,390 per 10 grams at the bullion market on Wednesday, snapping their four-day rising streak due to subdued global cues amid slump in local jewellers’ demand. Silver also fell by Rs250 to Rs39,300 per kg owing to reduced offtake by industrial units and coin makers.
London Metal Exchange Copper Eased
Gold Silver Reports – London Metal Exchange Copper Eased — London copper drifted lower on Tuesday as a firm dollar dictated direction in a thinly traded market, with holidays in top metals user China.