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 rose on Monday, as the dollar edged lower on renewed oil market weakness and concerns over the global economic report which have raised questions about the Federal Reserve’s pace of interest rate tightening.
Gold Silver Reports ~ Gold edged higher on Monday, buoyed by expectations the U.S. Federal Reserve may have fewer chances to raise interest rates this year in the face of a wobbly global economy.
Gold Silver Reports ~ Gold just below $1,100 an ounce early on Monday, with investors eyeing whether equities will come under renewed pressure and refresh safehaven demand for bullion.
Gold Silver Reports ~ Have we reached peak precious metals? Many analysts think so.
Just to be clear, however, the idea of peak gold and peak silver doesn’t refer to a peak prices. The precious metals put in a cyclical price high in 2011. But annual mining production levels may have peaked in 2014-2015. This is what is meant by “peak precious metals.”
Gold Silver Reports ~ Indian Silver demand has increased as per reports. An Economic Times article informs that the imports for 2015 is likely to be about 7,500 tonne. This marks a 10 per cent surge compared to the silver imports in 2014.
Gold Silver Reports ~ Gold slip on Friday as hints of more monetary stimulus from the European Central Bank weighed on the euro and pushed stocks higher, denting appetite for alternative assets.