Gold Silver Reports — Gold’s biggest rally in almost four decades has further to run as weak economies and teetering equity markets drive investor demand for the metal, according to Citrine Capital Management LLC.
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.
The Biggest Bet Ever on Silver
Gold Silver Reports — For all the concerns whether the rally in precious metals will last, investors are close to making the biggest bet ever on silver.
Crude MCX Intraday Trading Level 3330-3444 , Natural Gas 161-168 Level
Gold Silver Reports — Crude oil may trade on firm note as it can move in range of 3330-3444. U.S. oil prices rose to a fresh 10-month high Wednesday as traders stayed focused on production outages that could significantly curb the amount of excess global supply by year’s end. High quality global journalism requires investment.
Gold Technically Market is Getting Support at 29120
Gold on MCX settled down -0.29% at 29366 down slightly from Monday’s 2-week high as unable to extend recent gains amid uncertainty over the Fed’s rate hike report.
FOMC Convenes For The Two-Day Meeting on June 14-15
Gold Silver Reports — Gold prices pared losses during later half on Tuesday as investors contemplated the likelihood that the Federal Reserve would raise interest rates in the coming months.
Vancouver-Based Miner is Planning to Raise $820 Million to $940 Million
Gold Silver Reports — Lundin Gold Inc. is forging ahead with its gold project in Ecuador, one of the world’s largest undeveloped deposits, a signal the industry is moving back into expansion mode as the metal continues to rally.
Janet Yellen Speech Suggests Fed Will Rethink Interest-Rate Plans
Gold Silver Reports — Federal Reserve Chair Janet Yellen said on Monday that interest rate hikes are likely on the way because “positive economic forces have outweighed the negative” for the United States, though last month’s weak jobs report bears watching.