Gold Silver Reports (GSR) – Fed, ECB To Define Gold Prices Near Term Target – Many analysts have noted that gold has followed a well-established pattern: selling off before an expected rate hike to then rise once the dust has settled. The question on many investor’s minds is whether or not this pattern will hold next week as inflation picks up as the U.S. economy continues to grow at a steady clip.
Commodity Reports: Base Metals Near Breakout Levels By By Neal Bhai MFA Technical Analyst
Gold Silver Reports (GSR) – Commodity Reports: Base Metals Near Breakout Levels – In base metals, copper rallied to the highest level in more than six weeks on a slightly softer dollar and supply concerns.
Gold Market Could be Using the Technology Behind Cryptocurrencies
Gold Silver Reports (GSR) – Gold Market Could be Using the Technology Behind Cryptocurrencies — The London Bullion Market Association last week closed an invitation for submissions of ideas for how to track the metal as it’s dug out of remote mines, traded by middlemen and sold on to buyers scattered around the world. While the LBMA didn’t stipulate what form the system would take, most of the 25 respondents incorporated distributed-ledger technology in their proposals.
India Gold Imports Are Said to Have Slumped for Fifth Month
Gold Silver Reports (GSR) – India Gold Imports Are Said to Have Slumped for Fifth Month — India’s gold imports shrank 39% in May, according to a person familiar with the information, the fifth month of decline as the world’s second-largest consumer enters a seasonally weak period for demand. Imports contracted to 77.6 tonnes from 126.2 tonnes a year earlier, the person said, asking not to be identified as the figures aren’t public. The purchases exceeded the 52.7 tonnes in April and are the highest so far this year.
MPC HIKES REPO RATE BY 25 BASIS POINTS TO 6.25 – RBI Monetary Policy Prediction Today Rocking
MPC HIKES REPO RATE BY 25 BASIS POINTS TO 6.25 – RBI Monetary Policy Prediction Today Rocking
GOLD SILVER REPORTS PAR SABSE PHELE FORECAST KIYA KI REPO RATE HIKE HOGA RBI Monetary Policy Prediction Today Rocking