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.
Growth Stumbling But Central Bank Arsenals are Near Empty
Gold Silver Reports – Global economic growth is slowing, according to the International Monetary Fund, policymakers and hundreds of economists polled by Reuters – but that downturn is coming at a time when central banks’ arsenals are running on empty.
China Is on a Big Gold-Buying Friskines
Gold Silver Reports – Gold long term central bank buying is expected to boost prices amid continued demand, with Goldman Sachs predicting gold prices will rally from $1,300 to $1,450 an ounce over the next 12 months.
Government offers ‘No Change’ to Deal : Brexit
The Government has not proposed any changes to the PM’s Brexit deal during cross-party talks, says shadow Brexit secretary Sir Keir Starmer.
Gold Prices had Earlier Breached its 100-Day Moving Average
Gold Silver Reports (GSR) – Gold prices slipped today, but was trading above the 10-week low touched in the previous session, as the dollar rose against the yen on signs of progress in the US-China trade dispute and strong US economic data. Investors are now awaiting the US jobs numbers for more signals on the strength of the economy.
Real Estate and Gold have For Long Been Considered Safe Havens by Indian Investors
While financial products are gaining ground with investors, real estate and gold continue to hold strong.
Gold Demand Supported as Central Banks Sour on Dollar Denominated Debt
Foreign governments have begun reallocating at least part of their holdings to gold an old market stalwart that once underpinned the global monetary system, but fell out of favor when governments embraced deficit spending and paper money untethered from bullion.
- Trump Calms Global Markets as ‘Buy America’ Trade Trend Gains Momentum
- Silver ETFs Jump 8% After Record High: Book Profit or Stay Invested?
- Kalyan Jewellers Share Price Crashes 14%, Hits 19-Month Low After Heavy Selling
- Silver Nears All-Time High Amid Global Tensions | Safe-Haven Demand Rises
- Gold Price Hits Record High Amid Global Tensions and Market Volatility