Gold prices have shot higher in the open this week due to the increased tensions in the Middle East following the attack on Saudi Arabia’s oil and gas facilities in Abqaiq which has suspended half of the kingdom’s processing, corresponding to 6% of world supply.
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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.
MCX Silver ho Gayi pani pani……. kya bola tha 46000 ke below sell karo – 100–200–500 lots dekh lo, Low 45700 — Neal Bhai
MCX Silver ho Gayi pani pani……. kya bola tha 46000 ke below sell karo – 100–200–500 lots dekh lo, Low 45700 — Neal Bhai
Gold and silver prices today fell further in India, extending their recent decline. Subdued global prices and an appreciation in rupee’s value against the US dollar put pressure on domestic gold and silver prices.
Why Record High Gold Prices would be Bad News for Diamond
Citigroup Inc.’s prediction that gold could rally above $2,000 an ounce in two years would be negative for another precious and shiny commodity: diamonds, according to Barry Ehrlich, an analyst at the bank.
Spot Gold Bearish Traders are likely to Aim Towards Testing the Target $1440 Level
Spot Gold Bearish traders are likely to aim towards testing the $1440 support area. Gold maintained its bid tone through the mid-European session on Wednesday and for now, seems to have snapped four consecutive days of losing streak.
India’s Gold imports Hit Three-year Lows, May not have a big impact on Gold prices
India’s Gold imports Hit Three-year Lows, May not have a big impact on Gold prices. Indian Gold imports in August fell 73% from a year ago to hit the lowest level in three years as the hike in import duty and record highs in local prices curbed retail demand, a government source said on Wednesday.