Gold Silver Reports (GSR) — Gold prices climbed Rs 80 to Rs 32,150 per 10 gram while silver ended Rs 150 higher at Rs 38,150 per kg. Gold prices were on a downtrend last week, falling Rs 620 over four days. On Saturday, gold fell by Rs 180 to Rs 32,070 per 10 gram.
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Commodities Weekly Forecast 12-11-18 To 16-11-18 – Neal Bhai Reports
Real Time MCX Weekly Research Report By Neal Bhai Get our expert opinion on short term outlook on commodities based on technical analysis. Weekly commodity insights and forecast.
Commodities Weekly Research Report
Dated: 12-11-2018 To 16-11-2018
Upcoming Festival and Wedding Season Demand Lifted Gold Prices
Gold strengthened for the sixth straight week and gathered further grounds to hit an almost six-year high of Rs 32,780 and ended at Rs 32,650 per 10 gram at the bullion market, amid pick-up in buying activity ahead of Diwali.
Gold Prices Up For Third Day, Silver Continues Slip
Gold prices today remained on an upward trend, rising for the third day amid buying by local jewellers to meet festive season demand. Higher global gold prices also supported domestic rates. Gold rates today advanced by Rs 130 to Rs 32,780 per 10 grams.
Ahead of Dhanteras – Indian Gold Demand in 2018 is Expected to Fall From the Previous year
Ahead of Dhanteras – Indian Gold Demand in 2018 is Expected to Fall From the Previous year – A fall in demand from the world’s Second Biggest Bullion buyer could weigh on global prices that are already down 6.5 percent so far this year.
Gold Prices Today Rise to 6 Year High But Silver Edges Lower
Gold Silver Reports (GSR) – Some traders however fear that higher prices could hit demand for gold during this festive season.
Why Gold Prices Are Rising
Goldman Sachs Group Inc. says that “fear” has made a comeback and gold is benefiting as stocks slide and investors fret more about the possibility that the US economy may tumble back into recession.