Gold Silver Reports ⇒ Demand from Asia and further contraction in global mine production will prompt gradual recovery of gold prices in 2016, especially in the second half, according to Thomson Reuters GFMS survey. “We expect a slow recovery in 2016 in dollar terms, with the gold price trading above $1,200/oz towards year-end, and averaging $1,164/oz.”
Gold price
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Gold Falls as Equities Recover
Gold Silver Reports ~ Gold fell on Thursday after posting its biggest one-day gain in two weeks the day before, as hints of further stimulus from the European Central Bank hurt the euro and a rebound in global stocks curbed risk aversion.
Gold Fix Up on Weak Equities
Gold Silver Reports ~ Gold steadied in early deals on Tuesday as weaker stock and oil prices pushed investors towards safe-haven assets, but slow physicaldemand in Asia kept Gold under $1,100 an ounce.
High US Rates Greater Safe Haven Demand for Gold
Gold Silver Reports ~ Charles Gibson, an analyst with London-based Edison Investment Research, is nervous. Gibson says the U.S. Federal Reserve’s statement that it would push the benchmark interest rate to 1.375% by the end of 2016 could send
MCX Gold Silver Lifetime High & Low | सोने चांदी मैं अब तक की उच्चतम और न्यूनतम कीमतें क्या है
- Gold prices soared to touch a fresh lifetime high on the Multi Commodity Exchange (MCX) on Monday after banking crises in the US and Europe triggered a return to haven buying. The yellow metal price on MCX Hit lifetime high the ₹60,455-mark per 10 grams for the first time during Monday’s trade.
- MCX gold is expected to touch a fresh lifetime (all-time) high of Rs 65,000 per gram, while silver on MCX may hit Rs 90,000 per kg in year 2027.
- बुलियन व्यापारियों को लाभ बुक करने की सलाह और कोई नई खरीद करने से पहले सुधार की प्रतीक्षा करें।
Gold in international market
In international market, gold rose above $2,005 an ounce for the first time in more than a year.