Gold prices had gained Rs 100 yesterday, snapping a two-day fall. Prices of gold of 99.9% and 99.5% purity remained unchanged at Rs 31,850 and Rs 31,700 per 10 gram, respectively. Sovereign gold too remained steady at Rs 24,800 per piece of 8 gram.
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MCX Zinc Price Below 186 Target 176—163 – Neal Bhai Reports
Gold Silver Reports (GSR) – MCX Zinc settled down 3.06% at 181.95 as pressure continues on an expected surge in refined zinc output after a clutch of new mine openings has been derailed by bottlenecks at smelters across Asia, putting the brakes on an eye-watering price fall.
MCX Gold Traders Red Alert – Don’t Trap in Buy Side Next Possible Target 28076 Very Very Soon – Neal Bhai
MCX Gold Traders Red Alert – Don’t Trap in Buy Side Next Possible Target 28076 Very Very Soon – Neal Bhai Reports – MCX Guru – Gold Silver King.
Gold Breaking News – The $200 Trillion Gold Rush that Reshaped Private Banking
Gold Silver Reports (GSR) – For some banks, this burgeoning affluence brightened an otherwise dreary postcrisis landscape. Giants including UBS, Morgan Stanley, and Bank of America seized the opportunity. With trading desks hamstrung by a flurry of new rules, banks set out to woo the growing ranks of the super rich.
Silver Prices Drop Rs 500 on Weak Demand, Gold Rates Fall Rs 200
Gold Silver Reports (GSR) – Silver, too, slumped by Rs 500 to Rs 37,300 per kg owing to reduced demand from industrial units.
MCX Silver Tips – Sell Karo Aur So Jaao Next TARget – 35510—34734 – Neal Bhai Reports
MCX Silver Tips – Sell Karo Aur So Jaao Next TARget – 35510—34734 – Neal Bhai Reports
December gold futures were last down $5.60 an ounce at $1,222.40. December Comex silver was last down $0.257 at $14.245 an ounce. silver prices are sharply lower in early U.S. trading Friday, pressured by a firmer U.S. dollar index on and sharply lower crude oil prices.
MCX Silver Intraday Support 36420
Gold Silver Reports (GSR) – New York Fed President John Williams said the Federal Reserve “will be likely raising interest rates somewhat.” The recent winning streak began when Fed Chairman Jerome Powell warned last Wednesday of slowing demand abroad, fading fiscal stimulus at home and the lagged economic impact of the Fed’s past rate increases, suggesting that a pause in tightening may well come in 2019.