Daily Commodity News Archives

Gold Price Forecast: China Can Recover From The crisis of Recession

Gold Steady as Sino-U.S. Trade Hopes Drag Dollar

Last Updated On February 13, 2019 8:39 AM by Neal Bhai

U.S. and Chinese officials expressed hopes that a new round of trade talks, which began in Beijing on Monday, would bring them closer to easing their nearly year-long trade war.

Gold Prices Hold Firm on Trade, Growth Concerns

Last Updated On February 11, 2019 8:55 AM by Neal Bhai

Gold Silver Reports (GSR) – FUNDAMENTALS — Scrap gold supplies in India, the world’s second-biggest consumer of bullion, may increase this quarter as a rally in local gold prices has prompted consumers to sell old trinkets and jewellery.

Gold Prices Surge for 3rd Day, Crosses ₹34000

Last Updated On January 31, 2019 12:07 AM by Neal Bhai

Gold Silver Reports (GSR) – In Delhi, prices of gold of 99.9% and 99.5% purities climbed ₹320 each to ₹34,070 and ₹33,920 per 10 gram, respectively. Similarly, sovereign gold advanced by ₹200 to ₹25,900 per piece of eight gram. Silver ready rose by ₹330 to ₹41,330 per kg and weekly-based delivery by ₹361 to ₹40,434 per kg.

Rusal Sanctions Lifted, But U.S. Aluminum Users Still Face Import Levy

Last Updated On January 28, 2019 9:55 PM by Neal Bhai

Gold Silver Reports (GSR) – Rusal Sanctions Lifted, But U.S. Aluminum Users Still Face Import Levy — The U.S. Treasury on Sunday lifted sanctions on the core empire of Russian tycoon Oleg Deripaska, including aluminum giant Rusal and its parent En+, despite a Democrat-led push to maintain them.

Gold Price Intraday Technical Forecast By Neal Bhai [08-06-2022]

Gold Hovers Around $1300 Bulls Have Momentum

Last Updated On January 28, 2019 9:44 PM by Neal Bhai

Gold Silver Reports (GSR) – European and Asian stock markets were mostly weaker overnight. U.S. stock indexes are pointed toward lower openings when the New York day session begins. There is some risk aversion in the marketplace to start the trading week, which is also benefitting the safe-haven gold and silver markets.

Spot Gold Watch in 2019

Last Updated On January 6, 2019 8:59 PM by Neal Bhai

Spot Gold Watch in 2019 – Golden Opportunity – Gold bulls seized the initiative in the final months of 2018 and there’s plenty to suggest the haven may hold up.

Gold Prices Zoom Silver Rates Up – Gold Silver Reports

Last Updated On January 2, 2019 9:19 PM by Neal Bhai

Gold Silver Reports (GSR ) – Sovereign gold, however, remained unchanged at Rs 25,200 per piece of 8 gram.

Gold Prices Headed Higher in 2019, Say Analysts

Last Updated On December 28, 2018 11:30 PM by Neal Bhai

Gold Silver Reports (GSR ) – Spot bullion hit a six-month high on Friday, topping $1,280 an ounce, as investors favored defensive assets, adding to holdings in exchange-traded funds over the month.

Gold Climbs as Investors Flock to Safety – Gold Silver Reports

Last Updated On December 28, 2018 4:00 PM by Neal Bhai

Gold Silver Reports (GSR ) – Spot gold had risen by 0.2 percent to $1,277.75 per ounce as of 0448 GMT, and was set for a second straight weekly gain with no end in sight for China-U.S. trade tensions and political uncertainty in the United States.

Gold Prices Have Fallen on Profit Taking

Last Updated On December 24, 2018 6:21 AM by Neal Bhai

Gold Silver Reports (GSR) – Spot gold fell 0.4 per cent to $US1,254.81 per ounce after hitting its highest since June 26 of $US1,266.40 on Thursday. Gold prices have fallen on profit-taking, a day after bullion touched a near six-month high and the dollar rebounded, but the metal stayed on track for a weekly gain as the appetite for risk waned.