Gold Silver Reports — As per latest update from FAO, the World cereal trade in 2017/18 is heading towards a 2.2 percent annual decline to around 386 million tonnes. International wheat trade is set to decrease by 2.2 percent in 2017/18 (July/June) to 170 million tonnes.
Gold Silver Reports — Technically Natural Gas market is getting support at 202 and below same could see a test of 198 level, And resistance is now likely to be seen at 212, a move above could see prices testing 215.
Gold Silver Reports — Non-Ferrous metals posted a decent performance in the month ending April 2017 with Zinc and Lead being star performers. Copper maintained winning stream with prices rising for fifth month in a row.
ECB drops zero hints on exiting the quantitative easing program
In the recent policy meeting dated 27th April 2017, the European Central Bank left its ultra-easy policy stance in place. The key interest rates were kept unchanged at “0 percent” and the monthly asset purchases were to be done at €60 billion till the end of December’17 or beyond until the ECB achieves it’s 2 percent inflation target.
Gold Silver Reports — Technically Silver market is getting support at 40870 and below same could see a test of 40610 level, And resistance is now likely to be seen at 41325, a move above could see prices testing 41490.
Gold Silver Reports — Technically Natural Gas market is getting support at 202 and below same could see a test of 198 level, And resistance is now likely to be seen at 212, a move above could see prices testing 215.
Gold Silver Reports — Technically Silver market is getting support at 40870 and below same could see a test of 40610 level, And resistance is now likely to be seen at 41325, a move above could see prices testing 41490.