Gold Silver Reports – Silver Futures Forecast Report Technical Analysis – Silver markets continue to be very noisy, as the Federal Reserve is ready to release an interest rate statement, which of course will have a massive effect on the US dollar, thereby having a massive effect on this market.
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.
Fed Spells Relief for Gold Traders Worried Over Rate-Hike Pace
Gold Silver Reports – Spot gold headed for the biggest gain in three weeks after Federal Reserve officials stuck with a projection for three interest-rate increases in the coming year, easing concerns that quickening economic growth would spur an even faster pace of monetary tightening.
India’s ‘Grey Market’ in Gold Jumps 80% on Tax, New Rules
Gold Silver Reports – India’s ‘Grey Market’ in Gold Jumps 80% on Tax, New Rules – INDIA’s gold market has seen a surge in “unofficial” supplies according to analysts, defying the government’s push to tax and regulate the world’s second-heaviest consumer demand for the metal.
Gold Traders Are ‘Jaded’ to Global Fears Ahead of Expected Fed Hike
Gold Silver Reports – Gold Traders Are ‘Jaded’ to Global Fears Ahead of Expected Fed Hike – In the face of a rapidly changing world, gold investors appear to be focusing more on the strength of the global economy and are becoming less sensitive to turmoil.
Crude Oil Tops $65, First Time Hit Since 2015, on UK Pipeline Outage
Gold Silver Reports – Crude Oil Tops $65, First Time Hit Since 2015, on UK Pipeline Outage – Crude Oil rose above $65 a barrel for the first time since mid-2015 on Tuesday following a shutdown of the UK’s biggest North Sea oil pipeline, which helps set the benchmark for global prices.
Gold Fields Ghana to Dismiss 1,500 Staff as Contractor Hired
Gold Silver Reports- Gold Fields Ltd.’s unit in Ghana said it will dismiss 1,500 of its own staff as the company is hiring a contractor to operate its biggest mine in the West African nation.
Gold Prices Edges up, Looming US rate Hike Weighs on Momentum
Gold Silver Reports – Gold prices ticked up amid a softer dollar on Monday, but lacked impetus to push higher weighed by expectations of an increase in interest rates in the United States.