Goldman Sachs : Copper, the traditional, age-old remedy for good health has also remained a significantly important economic health indicator. Rising copper prices, helped by strong order flows, indicate that the global economy is recovering fast.
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.
Gold Jewellery sale rises 16% in Nov
The average ticket size of silver and gold jewellery sale rose 16% in November compared to the previous month despite gold prices hitting record levels, according to a report.
Gold prices today fall, a day after big gains; silver rates drop
Gold prices and silver prices dropped in Indian markets amid a strong rally in equity markets. On MCX, gold futures edged 0.15% lower to ₹49,879 per 10 gram, after rising to ₹50,175 earlier in the session. Silver futures fell 0.6% to ₹65,057 per kg. In the previous session, gold futures had jumped 1.5% or ₹750 per 10 gram while silver had surged 2.5% or ₹1,600 per kg.
Spot Gold Drop Accelerated By Vaccine News, Positive U.S. Data – GSR
Spot Gold dropped to the lowest since July as positive vaccine news, strong economic data and the start of U.S. President-elect Joe Biden’s formal transition undermined the metal’s haven appeal.
Gold Extends Drop on Vaccine, Signs of Improving U.S. Economy
Gold fell to a four-month low as growing optimism over a coronavirus vaccine and signs of a increasing momentum in U.S. economic growth stifled demand for the metal as a haven.
Gold Silver Update : Gold 50500 to Low 49720 Silver 63000 To Low 60710 Bola Tha Sell 500—1000 Lots – Neal Bhai
Gold Silver Update : Gold 50500 to Low 49720 Silver 63000 To Low 60710 Bola Tha Sell 500—1000 Lots – Neal Bhai
दिल्ली सर्राफा बाजार में सोना 530 रुपये, चांदी 1900 रुपये टूटी
Gold CMP 50011 Silver CMP 61611 Aur Sell Karo 500—1000 Lots loot low MCX Ko – Neal Bhai MCX King
Gold price CMP 50011 Silver CMP 61611 Aur Sell Karo 500—1000 Lots loot low MCX Ko – Neal Bhai MCX King
Investors don’t really have a handle on what gold price is or what it represents. Many erroneously believe gold is some sort of inflation hedge, because of our experience in the 1970s. It’s also not a hedge against stock market crashes, as we discovered in March.