Gold Silver Reports – Silver MCX Sell Karna Mana Hai, Silver MCX Outlook By Neal Bhai Trading Zone 39220-40442 —— Technically now Silver is getting support at 39220 and below same could see a test of 38732 levels and resistance is now likely to be seen at 40170, a move above could see prices testing 40442.
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MCX Gold Expected Trading Zone Between 29510—29860, Sell on Rise
Gold Silver Reports – MCX Gold Expected Trading Zone Between 29510—29860, Sell on Rise — Technically Gold market is getting support at 29510 and below same could see a test of 29330 levels and resistance is now likely to be seen at 29720, a move above could see prices testing 29860.
The Gold Rally May Have More Room to Run
Gold Silver Reports – The Gold Rally May Have More Room to Run – Gold’s breakneck rally eased this week, but tailwinds in both physical and paper markets suggest it’s got room to run.
Gold Prices Bounce on Positive Global Cues
Gold Silver Reports – Gold prices surged by Rs175 to Rs29,700 per 10 grams at the bullion market on Tuesday, driven by a firm trend overseas amid fresh buying by local jewellers. Silver prices also went up by Rs150 to Rs38,250 per kg due to increased offtake by industrial units and coin makers.
Gold Prices Little Changed as Dollar Gains Versus Euro on ECB Policy
Gold Silver Reports – Gold prices drifted in a narrow range on Friday after hitting a near three-week low in early trade as the dollar gained against the euro after the European Central Bank (ECB) extended its bond buying programme.
Global Gold Prices Steady on Weaker Dollar
Gold Silver Reports – Gold prices steadied on Thursday as global equities fell and the US dollar held near a week low versus the euro before a European Central Bank (ECB) meeting, though risks for gold prevailed in the absence of any hawkish surprises from the ECB.
Dhanteras Gold Sales Fall 30%
Gold Silver Reports – Gold demand remained subdued this Dhanteras, with overall sales falling by 30% compared with the 2016 festival season, but consumer purchases were higher than those recorded during Navratri and Dussehra late last month.