Gold Silver Reports – Gold Price Forecast for October 12, 2017 – Gold prices were nearly unchanged on Wednesday following the Fed’s minutes from the September FOMC meeting. It appears that the December rate hike is fully baked in the cake, but inflation expectations are lower in 2018.
Gold price
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Gold MCX Support Key 29620 October 10, 2017
Gold Silver Reports – Gold MCX Support Key 29620 October 10, 2017 – Technically Gold market is under short covering as market has witnessed drop in open interest by 3.23% to settled at 7303 while prices up 159 rupees.
We’re Reaching Peak Gold
Gold Silver Reports – We’re Reaching Peak Gold – The world may have already produced the most gold in a year it ever will, according to the chairman of the World Gold Council.
Gold Silver Prices Plunge on Global Cues
Gold Silver Reports — Gold Silver prices declined by Rs220 per 10 grams at the bullion market on Thursday on poor offtake by investors amid bearish global cues. Silver also tumbled by Rs600 per kg due to poor demand by industrial units and coin makers.
Why India banned gold imports from South Korea?
Gold Silver Reports — After a surge in import of gold from South Korea, the Directorate General of Foreign Trade (DGFT) in the commerce ministry on Friday banned duty free imports of the yellow metal from the country.
Agri Commodities Preview: NCDEX Soyabean Futures To Witness More Selling
Gold Silver Reports — The NCDEX Soyabean futures are likely to remain under pressure in the coming days on the account of favourable rainfall in major soyabean sowing states along with bearish cues from global market.
Sebi Issues Guidelines for Options in Commo Futures
Gold Silver Reports — Options to have futures as underliers; one option each in agri, non-agri to be launched initially
Jeera market under fresh buying; Support seen at 18533
Technically Jeera market is under fresh buying as market has witnessed gain in open interest by 24.4% to settled at 12435 while prices up 720 rupees.
Turmeric NCDEX Resistance Level at 6444
Gold Silver Reports — Technically NCDEX Turmeric market is under fresh selling as market has witnessed gain in open interest by 4.34% to settled at 9025 while prices down -32 rupees.
JEERA INCREASES ON EXPORTERS BUYING
Gold Silver Reports — Bargain buying was seen in jeera market on the account of recovery in exports demand along with seasonal demand by processors companies. The sources stated that most of the exporters have witnessed strong buying at lower levels. However, as per market sources, the total jeera production in the current year are projected at 54000 tonnes against 42000 tonnes reported last year.