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Gold Demand Gained 4% on Highest Central Bank Buying in 50 Years

Last Updated On March 5, 2019 6:59 AM by Neal Bhai

Gold Silver Reports (GSR) – Gold demand in 2018 reached 4,345.1t, up from 4,159.9t in 2017 and in line with the five-year average of 4,347.5t. A multi-decade high in central bank buying (651.5t) drove growth.

Comex Gold Trading Tips – Buy $1275 – $1272 – Neal Bhai Reports

Last Updated On March 4, 2019 5:45 PM by Neal Bhai

Comex Gold Trading Tips – Buy $1275 – $1272 With Stop Loss $1267 Target 1292—1298 Neal Bhai Reports Neal Bhai Reports (NBR) By CFA’s and MFA’s Technical Team Mobile No. 9582247600 & 9899900589

Gold Prices Down Below Rs. 34000 On Weak Global Cues — GSR

Last Updated On March 3, 2019 9:40 AM by Neal Bhai

Gold Silver Sentiment remained bearish on the back of a weak trend overseas as the dollar strengthened to a 10-week high against the yen, boosted by better-than-expected US gross domestic data for the fourth quarter, making bullion less attractive as a safe-haven investment, traders were quoted as saying in the PTI report. Gold prices had fallen by Rs. 570 in the previous two days.

MCX Gold Target 33800—34333, Buy on Dips – Neal Bhai

Last Updated On February 27, 2019 7:54 PM by Neal Bhai

MCX Gold Target 33800—34333, Buy on Dips – Neal Bhai

MCX Gold settled up 0.2% at 33367 as the dollar eased as trade tensions faded, but regained most of the lost ground as the day progressed. Trade tensions easing as the U.S. President Donald Trump decided to delay the imposition of additional tariffs on goods imported from China.

MCX Crude Oil Tips Above 3900 Target 4080—4140—4220

Last Updated On February 27, 2019 1:03 PM by Neal Bhai

MCX Crude Oil Tips Above 3900 Target 4080—4140—4220

MCX Crude Oil settled down 3.75% at 3932 after US President Trump said oil prices are “too high”. The comment that urges OPEC to lower the cost of crude put pressure on the Saudi-led group to soften its price-boosting output cuts.