Gold Up as Fed Rate Hike Probability Fades
Gold Silver Reports ~ Spot gold prices are trading higher by 0.3 percent today at $1146.2 per ounce while MCX gold prices are trading flat at Rs.27187 per 10 gms.
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.
Natural Gas MCX Sell Uper Levels
Gold Silver Reports ~ NG Prices today moved down after showing some meager gains yesterday. Today, DoE data is scheduled,
Natrural Gas MCX Trail Call 04-02-2016
US natural Gas prices rebounded after three days of losses, supported by a smaller-than-expected storage build. Lower inventory growth may signal tighter supply dynamics in the weeks ahead, ING’s commodity experts Ewa Manthey and Warren Patterson note.
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).
Gold Up Up Up as Investors Shun Risky Assets
Gold Silver Reports ~ Gold Done 3 month high levels on Wednesday as the dollar slip versus the euro and European shares fell sharply, prompting investors to seek shelter in assets perceived as safer.