Gold slipped on Tuesday as concerns over an escalating trade conflict between the United States and China battered emerging market currencies and prompted investors to seek perceived safety in the dollar. A stronger dollar makes dollar-priced gold costlier for non-US investors.
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.
RBI Buys 8.46 Tonne of Gold in FY18, 1st Purchase in 9 Years
Gold Silver Reports (GSR) — The Reserve Bank of India (RBI) Held 566.23 tonne of gold as on 30 June 2018, compared with 557.77 tonne as on 30 June 2017, according to RBI’s latest annual report for 2017-18.
Gems, Jewellery Exports Decline By About 5% in April-July
Gold Silver Reports (GSR) — The country’s gems and jewellery exports contracted by around 5% to ₹10.64 billion in April-July this fiscal, mainly on account of demand slowdown in major developed markets.
Silver Ready Rose By ₹ 50 to ₹ 38,350 per Kg And Weekly-Based
Gold Silver Reports – Silver ready rose by 50 to Rs 38,350 per kg and weekly-based delivery by Rs 160 to Rs 37,115 per kg.
Gold Extended its Gains for The 2nd Week – Gold Silver Reports
Gold Silver Reports (GSR) — To recapture the Rs 30,000-mark, on persistent buying by local jewellers amid festive buzz, despite bearish overseas.
Will Crude Come ₹ 5600 Near Terms ??? – Neal Bhai Reports
Yaad Hai Ki Nai, Kya Bola Tha — MCX Crude Tips – Oil Ultimate Target 5010—5240 – Just Need Patience – Neal Bhai Reports Crude Oil 1st …