Bullion is Seen Dropping to $1000 in 12 Months, Bank Says

Bullion is Seen Dropping to $1,000 in 12 Months, Bank Says

Gold Silver Reports → Goldman Sachs Group Inc. says it’s time to bet against gold as bullion’s rally to the highest in a year isn’t justified, backing the bearish call with a comment from a former U.S. leader in a report that was issued, appropriately enough, on Presidents’ Day.

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Jeera Ready for Fresh Buying, Open interest 10.90%

Jeera Ready for Fresh Buying, Open interest 10.90%Gold Silver Reports → Jeera settled up by 3.69% at 15020 on rising demand from stockists and traders at the spot market. Though, Good weather conditions for cumin crop in Gujarat and limited export demand, capped some gains. Jeera supply reported lower in the Unjha spot market as new arrivals started lower quantity. Sources revealed that, Jeera sowing is delayed by 20 – 25 days in Gujarat as a result new Jeera crop arrivals will delay compared to normal arrivals time.

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Crude MCX Blast Crude Bole Boom Boom

Crude MCX High: 2108 Enjoy Big Rally 1840 to 2108 My Subscribers Every Thing Know, Above 1955 only Blast Blast Blast 12, February 2016 11:19 AM Written this: http://www.goldsilverreports.com/crude-oil/crude-mcx-major-report-update-by-neal-bhai.html

Led By Banks, Nifty Ends 2.6 Percent Higher

Led By Banks, Nifty Ends 2.6 Percent HigherGold Silver Reports → The NSE Nifty jumped more than 2.6 percent on Monday, its biggest daily percentage gain in more than a year, encouraged by strong trading in shares of banks and miners after a selloff last week.

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U.S. Crudeoil Prices Big Jumps Back above $30 a Barrel

U.S. Crudeoil Prices Big Jumps Back above $30 a BarrelGold Silver Reports → U.S. crudeoil prices big jumps back above $30 a barrel on Tuesday as news of a rare private meeting of top officials from the world’s biggest oil producers spurred speculation of an eventual deal to tackle a deep supply glut.

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European Central Bank President Draghi Speaks

European Central Bank President Draghi SpeaksGold Silver Reports – Mario Draghi (born 3 September 1947) is an Italian banker and economist who has been governor of the Bank of Italy and succeeded Jean Claude Trichet as President of the European Central Bank starting November 2011.

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