Gold Silver Reports ~ Did anyone expect Indians will shun their greed for Gold for the benefit of the country when Prime Minister Narendra Modi launched the India’s Gold Monetisation Scheme (GMS).
Commodity News
Commodity News, Commodity Market Data at goldsilverreports.com – Latest Gold Price in India, Gold Price in Rupees, News on Commodity Market, Silver Price, Commodity Prices and Data on Silver, Gold, Crude Oil, MCX India. Get more information on Commodities, Oil, Silver, Gold Prices, Copper and Commodity Market India.
Gold Levels to Average $1,105
Gold Silver Reports ~ The London Bullion Market Association foresees precious metal prices increasing in 2016. The LBMA Forecast Survey predicts that Gold Levels to Average $1,105 in 2016
Gold Kiss 3 Month High; U.S. Rate Rise Views Ease
Gold Silver Reports ~ Gold Kiss 3 Month High, building on the previous day’s gains to strike a 3 month high as global economic and financial headwinds present obstacles to a U.S. interest rate rise in the near term.
Gold Up as Fed Rate Hike Probability Fades
Gold Silver Reports ~ Spot gold prices are trading higher by 0.3 percent today at $1146.2 per ounce while MCX gold prices are trading flat at Rs.27187 per 10 gms.
Jeera Lower Supply, Buy Every Dip Target at 13700- 13825 levels: Neal Bhai
Gold Silver Reports ~ Jeera NCDEX continue to fall down last week due to limited demand for the old season crop. Moreover, good weather in sowing states, sufficient carryover stocks with local traders and weak export demand at higher levels also weighs on price. Jeera Mar’16 contract fall 1.5 per cent to close at Rs. 13,395 per quintal.
Gold Up Up Up as Investors Shun Risky Assets
Gold Silver Reports ~ Gold Done 3 month high levels on Wednesday as the dollar slip versus the euro and European shares fell sharply, prompting investors to seek shelter in assets perceived as safer.
Gold Hold Near 3 Month High
Gold Silver Reports ~ Gold stabilised near a three-month top early on Wednesday, its safe-haven appeal kept intact by concerns over a wobbly global economy that has put share markets under pressure.
Crude Oil Slip as Asia Economies Slow
Gold Silver Reports ~ Crude Oil prices fell in early trading on Monday after South Korea posted its weakest export data since 2009 and the prospect of a coordinated production cut by leading crude exporters seemed remote.
Commodities Weekly Report — Gold — Silver — Copper
Gold Silver Reports ~ Gold rates inched higher on Friday, drawing support from weak U.S. GDP data that raised hopes the Federal Reserve may slow any planned interest rate hikes.
Gold Biggest Monthly Gain Hold in a Year
Gold Silver Reports ~ Gold edged higher on Friday after U.S. data showed economic growth braked sharply in the fourth quarter and the price of the precious metal was on track for its biggest monthly gain in a year after globalEconomic headwinds hit riskier assets.