Gold Silver Reports (GSR) – Gold Rises to Rs 31,870 on Firm Global Cues, Gold Spot Demand — Silver, too, reclaimed the Rs 41,000-mark by surging Rs 250 per kg due to increased offtake by industrial units and coin makers.
gold closing price
Silver-Gold Prices Up on Global Cues, Silver Kiss Top Rs 41000
Gold Silver Reports (GSR) – Silver prices reclaimed the Rs41,000-mark by surging Rs250 per kg backed by increased offtake by industrial units and coin makers. Rising for the second straight day, gold prices edged higher by Rs10 to Rs31,870 per 10 grams at the bullion market today on persistent buying by local jewellers amid a firm trend overseas.
MCX Gold-Silver Major Update By Neal Bhai MFA Technical Analyst
Gold Spot Report : Just Keep Eye on $1308 Level……(Nothing else ) Hold and close above, We Blast to 1318——1324+++++ Strong Support at $1282————$1274. GOLD MCX REPORT MCX Gold — Above 30324 level, If trades and closes, We See Blast 31545—— If Hold above 31610, Non Stop Really Start 31910——32274 …
Gold Inching Higher on Minor Short—Covering, Bargain Hunting and Capital Flight Problems in India
Gold Silver Reports (GSR) – Gold inching higher on minor short-covering, bargain hunting and capital flight problems in India — Gold inched back toward the $1300 level in early U.S. trading today – up $2.00 at $1299. Silver is up 17¢ at $16.68. The timing on the upticks, coincident the last few days with the COMEX open, gives the appearance of some minor short-covering, but it remains to be seen if it indicates a more conclusive turn among the big speculators.
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.
Sabina Gold & Silver Reports Final Results From Spring Drill Program
Gold Silver Reports (GSR) – Sabina Gold & Silver Reports Final Results From Spring Drill Program – A spring exploration drill program of 6,033 meters in 10 drill holes at six target areas on the Goose property was completed during early May. Drilling successfully tested target areas in and around existing mineral resources at the Llama and Umwelt deposits and stand-alone exploration targets outside of the known resource areas.
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.
Global Gold Prices Flat as Risk Appetite Increases Amid Rate Hike Prospects
Gold Silver Reports (GSR) – Gold prices were steady on Tuesday, after falling for three days, as investors opted for riskier assets amid increasing prospects of an interest rate hike in the US following strong US economic data.
MCX Gold Daily Chart Made Bear Phone Chart Pettern or Tripal Top Formation, Big Move on Chart
MCX Gold Daily Chart Made Bear Phone Chart Pettern or Tripal Top Formation.
MCX Gold Support 30800, Will Trap Buyers or Sellers Tet’s See Till 15-06-2018
Trade Always with Tecnical Trand or Level.
“No Magic, No Miracle, Just Power of Level”
Neal Bhai Reports (NBR) By CFA’s and MFA’s Technical Team
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Should You Buy Gold Now? Here’s What Experts Say
Gold Silver Reports (GSR) – Should You Buy Gold Now? Here’s What Experts Say — Several factors could limit gold’s upside potential for now. On the news front, last week ended with a stronger-than-forecast U.S. jobs report for May, with unemployment continuing to fall but wages rising more than expected, pointing to inflation risks, the bank says. “The U.S. Fed is likely to see this as confirmation that its cycle of rate hikes is appropriate,”