Gold Silver Reports — Technically Silver market is getting support at 40287 and below same could see a test of 39980 level, And resistance is now likely to be seen at 41072, a move above could see prices testing 41640.
MCX Copper Support Zone at 382
Gold Silver Reports — Technically Copper market is under short covering as market has witnessed drop in open interest by 1.99% to settled at 15928 while prices up 1.3 rupees.
Now MCX Copper is getting support at 383.8 and below same could see a test of 380.6 level, And resistance is now likely to be seen at 389.5, a move above could see prices testing 392.
Indiacem Buy Stock for Target 174
Indiacem Stock Buy Buy Buy We Sell Target 174+++ Tarde with Stop Loss Indiacem Buy Stock for Target 174
INX may Launch Spot Gold Trading
Gold Silver Reports — Even as India waits to get its gold spot exchange, BSE chief Ashishkumar Chauhan is exploring the possibility of launching a spot gold segment on the exchange’s wholly-owned subsidiary, India International Exchange (INX), at Gujarat’s GIFT City .
Investors may be Better off with Silver Rather than Gold
Gold Silver Reports — Investors may be better off with silver rather than gold. The Federal Reserve’s pledge to stick to its dovish outlook on U.S. monetary policy has fueled a rally in precious metals and silver usually beats its more valuable peer in a rising market.
Federal Reserve has Gone from Killjoy to Life of the Party
Gold Silver Reports — The top three most-actively traded gold options are bets on further price gains. The price on the option giving holders the right to buy bullion futures for April delivery at $1,250 an ounce tripled by 10 a.m. on the Comex in New York, with volume more then doubling from the previous day. Futures headed for the steepest climb in eight months on Thursday.
After Fed Move – Dollar Drops – Markets Wrap
Gold Silver Reports — Central banks ruled over financial markets, with the Federal Reserve’s move to raise interest rates without accelerating the timeline for future tightening sending global stocks and Treasuries jumping while the dollar tumbled.