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 Silver Reports — Double, Double Oil & Trouble — Opposites meet in politics, sometimes piquantly acro ssdecades. Union minister Alphons Kannanthanam’s remarks on fuel prices took me back to the early days of Bengal’s Left Front government.
Gold Silver Reports — Fight for World’s Biggest Gold Mine Isn’t Over —The landmark deal that forced Freeport-McMoRan Inc. to cede controlling interest in the world’s biggest gold mine and second-largest copper mine to Indonesia may not be the final outcome as both sides prepare for a politically charged fight over the price of the asset and how it will be run, according to the U.S. company’s former chief in Indonesia.
Gold Silver Reports — Gold Prices Drop on Weak Global Cues, Low Demand — Gold prices fell by Rs50 to Rs30,850 per 10 gram at the bullion market on Saturday on weak cues from overseas markets and fall in demand from local jewellers at domestic spot market. Silver followed suit and eased by Rs200 to Rs41,400 per kg due to reduced offtake by industrial units and coin makers.
Gold Silver Reports — Gold Prices Resist Selling Pressure, Global Growth Hopes Limit Support — Gold has edged lower, although overall selling pressure has still been limited with the dollar unable to gain traction against European currencies. There are still net downside risks for prices given global growth hopes.
Gold Silver Reports — Gold Prices Edge Lower, Dollar Revival Continues To Sap Support — Renewed dollar gains have triggered some selling pressure on gold, although overall selling pressure has remained limited amid underlying reservations surrounding North Korea.
Gold Silver Reports — Gold prices jumps Rs650 on demand push, retake Rs31,000 level — Gold prices on Thursday took strength from a positive trend overseas by surging Rs650 per 10 grams to seize the Rs31,000 level, driven up by fresh local buying. But silver fell sharply by Rs350 to Rs41,500 per kg, mainly due to softening demand by industrial units and coin makers.
Gold Silver Reports — Oil up on OPEC output Decline; U.S. Refinery Restarts — Oil prices rose on Tuesday after OPEC forecast higher demand in 2018 and Russia and Venezuela confirmed their commitment to a production-cutting deal to reduce the global crude glut.