Gold Silver Reports (GSR) – Almost 2 million barrels per day (bpd) of crude could be taken out of the market as a result of the U.S. sanctions against Iran by the end of the fourth quarter this year, said Daniel Jaeggi, president of commodity merchant Mercuria Energy Trading, making a crude price spike to $100 a barrel possible.
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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.
Gold Prices Set to Soar over Next 12 Months, Forecasts Bank of America
Gold Silver Reports (GSR) – Bullion could average $1,350 an ounce in 2019 as corporate tax reforms worsen the U.S. fiscal balance, Francisco Blanch, head of global commodities and derivatives research, said in a phone interview last week. Spot gold traded at $1,196.23 on Monday and has averaged about $1,285 this year.
MCX Silver Alert – Silver Ready for Thunder Bast, Silver Tips Yaad Hai Na, We See One Side Really For 38200—38800 –Need Patience – Neal Bhai Reports
MCX Silver Alert – Silver Ready for Thunder Bast, Silver Tips Yaad Hai Na, We See One Side Really For 38200—38800 –Need Patience – Neal Bhai …
बीएसई, एनएसई शुरू करेंगे कमोडिटी वायदा ट्रेडिंग – MasterMind Update
अब तक एमसीएक्स और एनसीडीईएक्स का ही बाजार पर दबदबा था। लेकिन अब बीएसई और एनएसई भी बड़े प्लेयर साबित हो सकते हैं। माना ये जा रहा है कि कमोडिटी वायदा में दोनों दिग्गज एक्सचेंजों के उतरने से प्रतिस्पर्धा बढ़ जाएगी।
Gold Prices Advanced by Rs 50 to Rs 31,660 per 10 gram
In Delhi, gold rates of 99.9% and 99.5% purity rose by Rs 50 each to Rs 31,660 and Rs 31,510 per 10 gram, respectively. Sovereign, however, remained flat at Rs 24,500 per piece of eight gram.
How Gold has Managed to Stick to $1,200 Despite Fund Exodus – Gold Silver Reports
Bullion for immediate delivery was 0.2 percent lower at $1,199.24 an ounce as of 10:43 a.m. in New York. In the last month, gold has traded within a range of about $31, with a high of $1,214.35 and low of $1,182.86.
Saudi Arabia is said to be comfortable with Brent oil above $80
