Gold Silver Reports — What was supposed to be Europe’s largest gold mine may now turn into one of its biggest compensation battles as developer Gabriel Resources Ltd. seeks $4.4 billion from Romania for destroying the value of the long-stalled project.
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.
Crude Oil MCX Resistance Key 2910
Gold Silver Reports — Technically crude oil market is under short covering as market has witnessed drop in open interest by -8.36% to settled at 23845 while prices up 59 rupees.
Gold Price Up on Global Cues, Jewellers’ Buying
Gold Silver Reports — Delhi-India Rising for the 2nd straight session, gold prices went up further by Rs 35 to Rs 29,225 per 10 grams at the Gold Silver market today in tandem with a firm trend overseas and sustained buying by local jewellers.
Gold Kiss 1-week High on Weaker Dollar, Rate Hike Prospects
* Physical holdings in gold ETFs fall since Fed rate rise
* Gold resistance at $1,260/oz, 55-day moving average
* Hold off on further rate hikes until inflation moves
Oil’s Pain Is Gold’s Gain as Nervous Traders Seek Safety
Gold Silver Reports — Oil’s plunge into a bear market is bolstering gold’s appeal as a haven as traders question the outlook for inflation and economic growth.
Gold Rises a Second Day as Declining Yields Boost Haven Appeal
Gold Silver Reports — Gold gained for a second day as crude oil’s slump into a bear market revived fears inflation will continue to undershoot the Federal Reserve’s target, putting at risk policy makers’ projections for monetary tightening.
Oil Market Sees Increased Conflict Risk in Saudi Power Shift
Gold Silver Reports — After Mohammed bin Salman’s appointment as crown prince, energy markets need to brace for an even more assertive Saudi Arabian foreign policy that could threaten regional stability in the heart of the global oil industry.