Gold Silver Reports (GSR) Gold prices dipped below the Rs32,000-mark, tumbling Rs405 to Rs31,965 per 10 gram at the bullion market Monday amid a weak trend overseas and slump in demand from local jewellers. Silver prices followed suit and cracked Rs41,000-mark by falling Rs370 to Rs40,830 per kg.
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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.
Gold Prices Zoom on Donald Trump Decided to Terminate the Planned Summit in Singapore on June 12th
Gold prices maintained its upward trend for the second straight day on Thursday, climbing another Rs125 to Rs 32,125 per 10 gram at the bullion market amid positive global cues and increased buying by local jewellers.
Physical Gold Kiss Rs 32000 on Jewelers Demand
Gold Silver Reports (GSR) – Physical Gold Kiss Rs 32000 on Jewelers Demand — Traders said increased Physical buying by local jewellers to meet retailers’ demand at domestic spot market and a depreciating rupee against the dollar, making gold import costlier, supported the uptrend.
MCX Silver Tips Below 40100 Only Sell, Silver MCX Trading Zone 39200-40100 – Neal Bhai MFA Technical Analyst
Neal Bhai MFA Technical Analyst – MCX Silver Tips Below 40100 Only Sell, Silver MCX Trading Zone 39200-40100 – U.S. retail sales increased marginally in April as rising gasoline prices cut into discretionary spending, but consumer spending appeared on track to accelerate after slowing sharply in the first quarter. Federal Reserve Chair Jerome Powell’s top deputies are edging toward a clash that could shape the pace of interest-rate hikes in coming months, as well as how the Fed should prepare for and combat the next economic downturn.
RBI Announces Further Restrictions On Allahabad Bank
Gold Silver Reports (GSR) – RBI Announces Further Restrictions On Allahabad Bank — Allahabad Bank has been under the RBI’s PCA framework since January 2018. The fresh restrictions placed by RBI on the bank represent a second round of corrective measures.
LME Aluminium Chart Made Reversal Flag Pattern
Aluminium is a lightweight, durable, and infinitely recyclable metal that is vital to modern industries, including construction, transportation, and packaging, thanks to its strength-to-weight ratio and corrosion resistance.
Gold Prices Maintain Uptrend on Jewellers’ Buying
Gold Silver Reports (GSR) — Gold Prices Maintain Uptrend on Jewellers’ Buying – Traders said that continued buying by local jewellers in the ongoing wedding season and a firm trend overseas mainly kept the precious metal’s prices elevated.