Gold Silver Reports (GSR) – Gold prices are likely to hold in the range of ₹ 32,500—33,500 per ten grams until Diwali Target in the domestic market, and internationally the Gold might be in USD $1,180—$1,410 an ounce level.
Silver Price
MCX Gold-Silver Major Update By Neal Bhai MFA Technical Analyst
Gold Spot Report : Just Keep Eye on $1308 Level……(Nothing else ) Hold and close above, We Blast to 1318——1324+++++ Strong Support at $1282————$1274. GOLD MCX REPORT MCX Gold — Above 30324 level, If trades and closes, We See Blast 31545—— If Hold above 31610, Non Stop Really Start 31910——32274 …
India Gold Imports Are Said to Have Slumped for Fifth Month
Gold Silver Reports (GSR) – India Gold Imports Are Said to Have Slumped for Fifth Month — India’s gold imports shrank 39% in May, according to a person familiar with the information, the fifth month of decline as the world’s second-largest consumer enters a seasonally weak period for demand. Imports contracted to 77.6 tonnes from 126.2 tonnes a year earlier, the person said, asking not to be identified as the figures aren’t public. The purchases exceeded the 52.7 tonnes in April and are the highest so far this year.
Global Gold Prices Flat as Risk Appetite Increases Amid Rate Hike Prospects
Gold Silver Reports (GSR) – Gold prices were steady on Tuesday, after falling for three days, as investors opted for riskier assets amid increasing prospects of an interest rate hike in the US following strong US economic data.
Gold Spot May Hit $1400 in ‘2019 on `Powerful Fuel’ of Weak Dollar
Gold Silver Reports (GSR) – Gold Spot May Hit $1400 in ‘2019 on `Powerful Fuel’ of Weak Dollar — The precious metal will start to rebound in the final quarter of this year to average $1,375 an ounce in the last three months of next year and could touch a high of $1,400, said Bart Melek, global head of commodity strategy at TD Securities in Toronto. That’s a level last seen in 2013.
MCX Gold Daily Chart Made Bear Phone Chart Pettern or Tripal Top Formation, Big Move on Chart
MCX Gold Daily Chart Made Bear Phone Chart Pettern or Tripal Top Formation.
MCX Gold Support 30800, Will Trap Buyers or Sellers Tet’s See Till 15-06-2018
Trade Always with Tecnical Trand or Level.
“No Magic, No Miracle, Just Power of Level”
Neal Bhai Reports (NBR) By CFA’s and MFA’s Technical Team
Mobile No. 9582247600 & 9899900589
Should You Buy Gold Now? Here’s What Experts Say
Gold Silver Reports (GSR) – Should You Buy Gold Now? Here’s What Experts Say — Several factors could limit gold’s upside potential for now. On the news front, last week ended with a stronger-than-forecast U.S. jobs report for May, with unemployment continuing to fall but wages rising more than expected, pointing to inflation risks, the bank says. “The U.S. Fed is likely to see this as confirmation that its cycle of rate hikes is appropriate,”
Gold Rates To Trade Upside Today Commodities Market
Gold Silver Reports (GSR) – Gold Rates To Trade Upside Today Commodities Market – What next? Everyone says the market shouldn’t dictate what the voters do. But yes, Italy will still need to borrow from the market. And meantime no – if Italy wants to shrug off the market and vote for a surge in deficit-spending, the ECB will not step in to save the Eurozone’s third largest economy and its No.1 debtor from having to pay higher rates.
Gold Spot Fails to Break Upside Hurdle $1308 Level
Gold Silver Reports (GSR) – Gold Spot Fails to Break Upside Hurdle $1308 Level – Gold managed to temporarily break above trendline resistance, but with the inability to push above the $1307 mark, there is still a strong chance of near-term downside to build on the weakness seen over the past month.
MCX Sees Record Turnover, Volumes in Gold Options
Gold Silver Reports (GSR) – MCX Sees Record Turnover, Volumes in Gold Options — Multi Commodity Exchange of India Ltd (MCX) witnessed a record turnover and volume of Rs 2,021 crore and 6443 kilograms (kg) respectively on Tuesday in gold options contract, according to a release issued by the exchange.