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 — Gold’s rally is set to endure, with the U.S. presidential election seen as the next big catalyst for prices, according to a producer whose shares have almost doubled this year as financial-market turmoil, slowing growth and Britain’s vote for Brexit pumped up bullion.
Gold Silver Reports — Zinc extended its advance to the highest in more than a year on concern about a looming supply shortage. Other base metals …
Gold Silver Reports – Silver headed for a fourth straight decline, the longest slump in more than eight months, as Citigroup said investor demand for the …
Gold Silver Reports — Discounts offered by domestic gold dealers on global spot benchmark prices have dropped to $30-40 per troy ounce from about $100 per troy ounce last week with prices of the precious metal falling about 4%.
Gold Silver Reports — MCX Gold settled flat up 0.12% at 31015 traded in the range as investors unwound safe-haven trades in the wake of a failed military coup in Turkey.
Gold Silver Reports — MCX Silver settled down -0.23% at 47167 as risk averse sentiment cooled expectations of easing monetary policies across the globe. Shares edged slightly lower as a downturn in crude oil curbed the enthusiasm from fresh record highs on Wall Street. While Britain’s shock vote to leave the European Union has led players to raise their bullion price forecasts again this year, after the decision shook up financial markets and sparked a rally in the precious metal to 2-year high.
Gold Silver Reports — MCX Copper edged higher on Monday on the back of a weaker dollar but gains were kept in check after lackluster rises in Chinese home prices fuelled worries about demand in the world’s top metals consumer. Data on Monday showed home price rises in China slowed in June for a 2nd straight month, adding to concern over the sustainability of a construction-led economic rebound.