Gold Silver Reports — Technically market is under short covering as market has witnessed drop in open interest by 1.39% to settled at 13655 while prices up 311 rupees.
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 Returned to Levels seen Before the U.S. Election
Gold Silver Reports — Gold returned to levels seen before the U.S. election as equities retreated and the dollar vacillated ahead of a major speech next week by President Donald Trump.
Soros gets out of gold, Paulson & Co cuts SPDR Gold shares
Gold Silver Reports — NEW YORK Soros Fund Management LLC got out of gold in the fourth quarter of 2016 while Paulson & Co reduced its stake in SPDR Gold Trust, as bullion prices saw their weakest quarterly performance in 3-1/2 years, regulatory filings showed on Tuesday.
Gold prices jump Rs 65 on global cues
Gold Silver Reports — Gold prices jump Rs 65 on global cues — Gold prices gained further at the domestic bullion market on Friday, tracking a firm trend overseas and sustained demand from jewellery stockists.
Discounts Fall as Gold Turns Cheaper
Gold Silver Reports — Discounts offered by domestic gold dealers on global spot benchmark prices have dropped to $30-40 per troy ounce from about $100 per troy ounce last week with prices of the precious metal falling about 4%.