Gold Silver Reports — Bitcoin has been trading love one of its oldest antecedents as investors speculate on the odds of Britain voting to leave the European Union in Thursday’s referendum.
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Gold Still Traded Near a 2-week Low
Gold Silver Reports — Gold traded near a two-week low as speculation that the U.K. will vote to stay in the European Union curbed demand for a haven.
Silver Traders Track Gold to Longest Bull Gamble
Gold Silver Reports — Where gold goes, silver often follows. Bearish options on exchange-traded funds tracking the metals have been cheaper than bullish ones for the longest time since at least 2009.
Copper Trading Zone of 314-323 Levels
Gold Silver Reports — Base metals pack may open on negative path as US existing home sales data to give further direction to the prices. Copper may move in the range of 314-323. Lead can hover in the range of 115-117 while zinc can move in the range of 136 -138. Nickel may move in the range of 615-625 in MCX.
Balanced market keeps prices steady: Zinc
Gold Silver Reports — Zinc prices are holding steady, continuing to do better than other non-ferrous metals such as copper and aluminium. Sharp tightening in supply appears to be the main reason.
Gold Hit Biggest Loss in 4 Weeks
Gold Silver Reports — Gold posted the biggest loss in four weeks on speculation that a vote by Britons to stay in the European Union in Thursday’s referendum will undercut demand for the metal as a haven. Silver also fell, and copper rallied.
Bullion Market Ignores Yellen
Gold Silver Reports — Even Janet Yellen can’t seem to distract the Bullion (Gold) market from this week’s Brexit vote. In congressional testimony, the Fed chair signaled that her optimism in the U.S. economy had softened.