Copper prices fell on Wednesday to a four-month low as an intensifying trade dispute between the United States and China drove industrial metals broadly lower.
Commodity News
Commodity News – Real-time Accurate MCX Commodity Market News and forecast for today. Best commodity market online tips through whatsapp and telegram by Neal Bhai.
Expectations of a Rate Cut From US Federal Reserve has Boosted Gold Prices – Gold Silver Reports
Gold Silver Reports (GSR) – Gold prices in India surged today after the yellow metal rebounded in global markets. On Multi Commodity Exchange of India (MCX), gold futures for August delivery surged 0.7% to ₹35,096 per 10 gram.
Spot Gold Technical Analysis Key: Below $1380 Bears Zone & Support Level – Neal Bhai Reports
Gold Silver Reports (GSR) — Gold Overall for a Resumption of last-month’s bullish-rally, gold prices would need to beat the 6-year high. Alternatively, for a decline to take place, $1380 would need to be penetrated.
Commodities Weekly Live Research Report 08 — 12 July 2019 | Neal Bhai Reports
MCX Live Commodities Weekly Technical Live Research Report 08 — 12 July 2019 By Neal Bhai Reports (NBR)
Iran: No More ‘Deadlines’ to save Nuclear Deal – Gold Silver Reports
Iran has begun enriching uranium and has said a third deliberate violation of the 2015 nuclear deal could come. It has called on the other signatories of the deal to find ways around US sanctions.
Union Budget 2019 India : Duty Hike May See Gold Smuggling Rise
Gold Silver Reports (GSR) – The 2.5% hike in customs duty on gold and precious metals proposed by Nirmala Sitharaman may see a rise in smuggling and illegal sale of the yellow metal. Traders last week had rued that the quantity of smuggled gold sold in the black market was rising due to skyrocketing prices.
Gold Tax Hike Fuels Smuggling Fears; May Hit Festival, Wedding Season
India, the world’s biggest consumer of gold after China, increased the import tax on the precious metal for the first time since 2013, spurring domestic prices to a record. Shares of jewelers slumped.