Gold Silver Reports — Gold is out of favor with money managers and it’s not the only precious metal facing investor exodus.
Hedge Funds Are Losing Faith in Precious Metals
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.
MCX Gold In Recovery Mode, Eyes Rs 28K
Gold Silver Reports — MCX Gold In Recovery Mode, Eyes Rs 28K — Gold futures rose on Friday, extending weekly gains amid a flurry of downbeat economic news. Buying seems to be returning in Gold after the metal edged up from a four month low.
Gold Futures Jump After Yellen’s Remarks
Gold Silver Reports — The gold market rendered a quick dovish read on Federal Reserve Chair Janet Yellen’s prepared testimony to Congress. Yellen said Wednesday that “considerable uncertainty always attends the economic outlook,” citing “uncertainty about when — and how much — inflation will respond to tightening resource utilization.”
Gold Imports by India Said to More Than Double Ahead of New Tax
Gold Silver Reports — Gold imports by India, the world’s second-biggest user, more than doubled in June from a year earlier amid a rush by jewelers to build up inventories ahead of a tax change.
This Giant Metals Exchange Is Taking on the Gold Elite
Gold Silver Reports — The world’s biggest industrial metals exchange is taking on the most powerful players in the gold market with the launch on Monday of its first futures contract for the commodity since the middle of the 1980s.
Gold Buyers Flee a Month After Their Most Bullish Bet of ‘2017
Gold Silver Reports — A month ago, money managers were the most optimistic on gold this year. Now, they can’t seem to unload bullion fast enough.
How London’s Gold Market, the World’s Largest, Evolved
Gold Silver Reports — After a three-decade hiatus, gold-futures trading is returning to London. It’s the latest change for the city’s bullion market, the world’s biggest for over-the-counter trading, and which until fairly recently had remained largely unchanged for about a century.