Gold Silver Reports — Where gold goes, silver often follows. Bearish options on exchange-traded funds tracking the metals have been cheaper than bullish ones for the longest time since at least 2009.
Copper Trading Zone of 314-323 Levels
Gold Silver Reports — Base metals pack may open on negative path as US existing home sales data to give further direction to the prices. Copper may move in the range of 314-323. Lead can hover in the range of 115-117 while zinc can move in the range of 136 -138. Nickel may move in the range of 615-625 in MCX.
Kapas Trade with a Downside Bias & Test 895-885 Levels
Gold Silver Reports — Kapas futures (April) is expected to trade with a downside bias & test 895-885 levels tracking bearish sentiments on the international market.
Balanced market keeps prices steady: Zinc
Gold Silver Reports — Zinc prices are holding steady, continuing to do better than other non-ferrous metals such as copper and aluminium. Sharp tightening in supply appears to be the main reason.
Still a Long Way to Go; FDI in India
Gold Silver Reports — India’s foreign direct investment (FDI) inflows have picked up consistently in the last three years and it is one of the top 10 destinations in the world , but these investments are still small compared to the economy and in the overall global scheme of things.
Gold Hit Biggest Loss in 4 Weeks
Gold Silver Reports — Gold posted the biggest loss in four weeks on speculation that a vote by Britons to stay in the European Union in Thursday’s referendum will undercut demand for the metal as a haven. Silver also fell, and copper rallied.