Gold Silver Reports (GSR) – Why is Precious Metal Price Rising? – In India, gold prices today crossed the 34,000 per ten gram, buoyed by a global rally in the precious metal. Global prices today rose to five-year high after the US Federal Reserve signaled rate cuts later this year.
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Spot Gold Support at $1,337 per ounce and Next Strong Support @ $1,324 – Gold Silver Reports
Gold Silver Reports (GSR) – Spot gold may break a support at $1,337 per ounce and fall to the next support at $1,324.
MCX Live Commodities Weekly Recommendation & Technical Research Report 03 — 07 June 2019 – Neal Bhai Reports
MCX Live Commodities Weekly Technical Live Research Report 03 — 07 June 2019 By Neal Bhai Reports (NBR)
Bullion Market has Risen by about 1.7% so Far This Month
Bullion Market has risen by about 1.7% so far this month and 1.6% for the week. “People are doing fear trade now and running towards gold,” said Michael Matousek, head trader at U.S. Global Investors. He noted investors were unsure of what Trump planned to do.
MCX Gold Price Prediction – Above 31820 Level Expected Target 32220 — 32380 – Neal Bhai Reports
Gold prices rose on Friday, heading towards their first monthly gain since January on increased safe-haven demand, after U.S. President Donald Trump vowed to levy tariffs on all imports from Mexico, ratcheting up concerns of a global economic slowdown.
Gold’s Path Mixed After Failure to Break $1290 level – Technicals – Gold Silver Reports
Spot gold was down 0.2% at $1,282.73 per ounce by 1200 GMT, having touched its highest since May 17 at $1,287.32 in the previous session.
Indians Top The Chart of Gold Buyers in Dubai’s Gold Sector
Gold Silver Reports (GSR) – Dubai: Indians lead the top 10 nationalities investing in Dubai’s gold sector followed by the citizens of Pakistan, Britain, Saudi Arabia, Switzerland, Oman, Jordan, Belgium, Yemen and Canada, according to a new report.