Gold Silver Reports — Technically Zinc market is under long liquidation as market has witnessed drop in open interest by 6.9% to settle at 8020.
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MCX Copper Intraday Trading Key between 412-430
Gold Silver Reports — Technically Copper market is getting support at 416 and below same could see a test of 412 level, And resistance is now likely to be seen at 428, a move above could see prices testing 430.
India Allows MCX to Start Trading First Options Contract in Gold [2017]
Gold Silver Reports — The MCX (Multi Commodity Exchange of India Ltd). said it will start the country’s first gold options contract, about a year after the market regulator permitted options trading in commodities.
AngloGold, Harmony Deal Is Said to Stall on Mining Charter
Gold Silver Reports — Harmony Gold Mining Co.’s long-running talks to buy AngloGold Ashanti Ltd.’s South African assets have stalled because of uncertainty over the country’s new mining regulations, according to people familiar with the matter.
Gold Price Attempts Breakout…Yet Caution Warranted
Gold Silver Reports — Since gold’s all-time high of $1,923 per ounce in September 2011, the nearly 6-year decline that this week has brought prices back to $1,270 has been broadly defined by a falling linear trend of selling pressure.