Gold Rebounded From a Three-Week Low

Gold Rebounded From a Three-Week Low

Gold Silver Reports – Gold rebounded from a three-week low after the European Central Bank said it may add stimulus as needed once it has a clearer picture of the Brexit vote’s economic impact.

READ MORE

Crude MCX Down Side Support at 3010

Crude MCX Down Side Support at 3010

Gold Silver Reports — The rally stalled after the two benchmarks breached the $50 psychological barrier in May amid worries that higher prices will add to production.

READ MORE

Silver Expected Trading Zone 45385-47050

Silver Expected Trading Zone 45385-47050

Gold Silver Reports — Silver on MCX settled down -2.02% at 46072 on higher equities and as the dollar hit a four-month high following strong US economic data, which raised expectations that the Fed may raise rates before the end of the year.

READ MORE

Food Prices may Stay Put till Diwali

Gold Silver Reports — If Diwali was a little later this year, it may have helped consumers. In all likelihood, food prices will start to ease as the harvest comes to an end in November.

Thanks to a good monsoon and kharif sowing, prices of essential food items are expected to hold steady till the start of the harvest season and reduce marginally after that.However, overall food prices are higher now than during the festival season last year.

READ MORE

Crude Astrologer Report Bears Till Aug 18

Crude Astrologer Report Bears Till Aug 18

Gold Silver Reports — The man who accurately predicted four market crashes to the exact date recently told Business Insider about his calendar prediction for when oil prices would start to significantly slump again. Sandy Jadeja is a technical analyst at Core Spreads.

READ MORE

Copper Slips as US Data Pushes up Dollar

Gold Silver Reports – London copper and nickel slipped on Wednesday after a US housing report pushed up the dollar and sparked profit-taking across the two metals, with copper also hit by evidence of mounting supply. Three-month copper on the LME fell 0.7% to $4,950 a tonne on Wednesday. – …

READ MORE