Gold Silver Reports (GSR) – Gold Rates To Trade Upside Today Commodities Market – What next? Everyone says the market shouldn’t dictate what the voters do. But yes, Italy will still need to borrow from the market. And meantime no – if Italy wants to shrug off the market and vote for a surge in deficit-spending, the ECB will not step in to save the Eurozone’s third largest economy and its No.1 debtor from having to pay higher rates.
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Gold Forecast & Reports:
Uncertainty between US and China with regards to trade war, weak dollar index and political turmoil in Italy are near term push factors for gold prices to move higher. On the MCX, gold prices are expected to trade higher today, international markets are trading higher by 0.1 percent at $1302.5 per ounce.
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