Gold Silver Reports — Gold is heading for the biggest weekly increase in more than a month as investors scaled back expectations for further interest-rate increases in the U.S., raising the appeal of the metal as a store of value.
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.
Silver MCX Trading Level 35370-36630
Gold Silver Reports — Silver on MCX settled down -0.27% at 35986 fell slightly erasing some of its gains from the previous session’s surge, as investors traded cautiously.
Gold MCX Trading Level 28380-29080
Gold Silver Reports — Gold on MCX settled down -0.40% at 28646 with little reaction to dovish Federal Reserve minutes.
Gold Glow Week as Equities Drop; Zoom Haven Demand
Gold Silver Reports — Gold gained the most in a week as equities fell amid mounting global economic concerns, pushing back prospects for a U.S. interest-rate increase.
Indian Gold ETFs Glow Agian After 10-Quarters
Gold Silver Reports — Indian Gold exchange traded funds, or ETFs, posted their first quarterly growth since September 2013 in March quarter, growing 4.84%, or by Rs 2.92 billion,
Gold Melt on Strong U.S. Jobs Data
Gold Silver Reports — Gold fell more than 1 percent on Friday after U.S. March payrolls data beat expectations, allaying some fears about the U.S. economy and stoking speculation about the timing of likely interest rate hikes by the Federal Reserve this year.
Saudi Arabia Will only Freeze
Gold Silver Reports — Saudi Arabia will only freeze its Crude Oil output if Iran and other major producers do so, the kingdom’s deputy crown prince said,