MCX Gold 31700 & Silver 41000 Kya Ayega?? Bujho To Jaane – Neal Bhai Reports
Prime Minister Theresa May said Britain and the European Union were nearing a divorce deal but called on the bloc to show “goodwill and determination” to avoid a disorderly Brexit and secure a close future partnership. Holdings in SPDR Gold Trust, the world’s largest gold-backed exchange-traded fund, fell 0.04 percent to 742.23 tonnes on Tuesday.
Silver Price Today Hits Record – The white metal’s price increase is driven by optimism over a potential Federal Reserve interest-rate cut in December, strong inflows into bullion-backed exchange-traded funds, and ongoing supply constraints, as per a Bloomberg report.
Gold Silver Reports (GSR) – US initial claims for state unemployment benefits decreased 3,000 to a seasonally adjusted 218,000 for the week ended June 16, compared with the expected 220,000. Claims have now declined for four weeks in a row, pointing to a further tightening of the labour market.
Silver Spot Below $16.25 Level No Buying @all, Only Panic-Panic-Panic – Tips Buy Neal Bhai
Gold Silver Reports (GSR) – Gold Spot Next Week Move Up or Down? – Because of gold’s potential next week, Baruch said that he sees two strategies that could be potential winners. He added that the key is for investors to control their risks, which is why he prefers to play gold through the options market.