Crude MCX CMP: 2254 level.
Gold Price Recover in 2016 ? Reuters Survey
Gold Silver Reports ⇒ Demand from Asia and further contraction in global mine production will prompt gradual recovery of gold prices in 2016, especially in the second half, according to Thomson Reuters GFMS survey. “We expect a slow recovery in 2016 in dollar terms, with the gold price trading above $1,200/oz towards year-end, and averaging $1,164/oz.”
Gold Investor Caution Before Fed Statement
Gold Silver Reports ~ Gold steadied below a 12-week peak on Wednesday as investors remained cautious ahead of the Federal Reserve’s first policy statement of the year, which is expected to give clues on interest rates.
Gold Comex Target Buying Level at 1107 — 1111
Gold Silver Reports — Gold initially hit the target 1116/18 & topped exactly here as expected, dipping to the first support at 1107/1109 & bottomed exactly here.
Big Mouths
What should not be heard by little ears, should not be said by big mouths.
Federal Reserves 1st Policy Statement of The Year
Gold Silver Reports ~ Gold steadied below a 12-week peak on Wednesday as investors remained cautious ahead of the Federal Reserve’s first policy statement of the year, which is expected to give clues on interest rates.
Thousand Reasons To Smile
When life gives you a hundred reasons to cry, show life that you have a thousand reasons to smile.