Gold Silver Reports – Gold dropped a little on profit selling today as investors turned their eyes to comments from several Federal Reserve officials. Gold futures consolidated a little yesterday as poor speculative demand capped the metal.
UK INFLATION ACCELERATES TO 2.3% IN FEBRUARY
Gold Silver Reports – UK inflation accelerated more-than-expected to 2.3 percent in February from 1.8 percent in January, data from the Office for National Statistics showed Tuesday. This was the biggest rise in prices since September 2013. Inflation was forecast to climb 2.1 percent.
UKRAINE EXPORTS OVER 30 MILLION GRAINS AS ON 15TH MARCH IN CURRENT YEAR
Gold Silver Reports — As per official data of UkrAgroConsult, through March 15, Ukraine has exported 30.83 million tonnes of grains,. This volume included 13.97 million tonnes of wheat, 11.91 million tonnes of corn and 4.7 million tonnes of barley. — Neal Bhai Reports
BRAZIL AGRICULTURE SECTOR TO GROW BY 3% IN 2017
Gold Silver Reports — According to the Agricultural Policy Secretary for the Brazilian Ministry of Agriculture, the GDP of the Brazilian agricultural sector is projected to be R$ 548 billion in 2017 or 3.2% more than 2016. Higher grain production and increased fruit and food production, are contributing to the increase. In 2017, the overall revenues from Brazils main grain crops are expected to increase 6.3% while livestock revenues are expected to decline 2.5%.
GOLD DOWN ON PROFIT BOOKING AT TWO WEEK HIGH
Gold Silver Reports — Some profit selling emerged in COMEX Gold futures today as two week highs acted as a mild resistance. Gold futures consolidated a little yesterday as poor speculative demand capped the metal.
MCX Aluminium Buying, Support Zone at 122
Gold Silver Reports — Technically Aluminium market is under fresh buying as market has witnessed gain in open interest by 3.83% to settled at 1817 while prices up 1.05 rupees.
PRECIOUS METALS PREVIEW: GOLD CONSOLIDATES AROUND $1230 MARK
Gold Silver Reports — Gold futures consolidated a little yesterday as poor speculative demand capped the metal. Prices have witnessed a sharp recovery from lows near $1200 per ounce and currently linger just under $1230 per ounce, almost unchanged on the day. MCX Gold futures also ended flat around Rs 28500 per 10 grams.