Gold Silver Reports ~ Gold Silver and Metals may perform on a positive note with promises of price rise in 2016, according to the London Bullion Market Association(LBMA) survey.
NCDEX / MCX
At Gold Silver Reports, we provide reliable NCDEX / MCX tips to guide traders in commodities like agri-products, bullion, crude oil, and base metals. Get daily trading calls, market updates, and expert analysis to make informed and profitable decisions in the commodity market.
Jeera Lower Supply, Buy Every Dip Target at 13700- 13825 levels: Neal Bhai
Gold Silver Reports ~ Jeera NCDEX continue to fall down last week due to limited demand for the old season crop. Moreover, good weather in sowing states, sufficient carryover stocks with local traders and weak export demand at higher levels also weighs on price. Jeera Mar’16 contract fall 1.5 per cent to close at Rs. 13,395 per quintal.
Sugar Production Rises in India 4.5%
Gold Silver Reports ~ Sugar Production Rises in India mills 142.53 lakh tonnes of sugar as on 31st Jan, 2016 marking 4.57 % increase, according to ISMA (Indian Sugar Mills Association).
Government May Look at Reimposing 5% Customs Duty on Crude Oil
Gold Silver Reports ~ With international oil prices slumping to 12-year low, the government may look at reimposing 5% customs duty on crude oil imports to shore up revenue by close to Rs 18,000 crore.
Silver Demand India Has Increased, Gold Hungry India
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 MCX Weekly Trand By Neal Bhai
Gold Silver Reports ~ Gold sideways range of 25680-25780 and Silver can move in range of 33100-33300 in MCX, according to Neal Bhai Reports.