Cotton Prices Forecast: Though progressive cotton sowing in India has crossed last year’s 12-million-hectare mark till now this season, prices are still hovering around Rs 91,000 to Rs 96,000 per candy (356 kg per candy) and it is unlikely to subside till fresh cotton crop hits the market in October.
Near Term Upside For Spot Gold is Limited $1820
Spot Gold Forecast: “As the Fed is still committed to raising rates, so as to fight escalating prices, this is negative for gold, especially when the USD looks firm. The outlook for Fed policy and global growth is likely to prove USD supportive over the short to medium term, even though the path to this further USD strengthening over the coming months is unlikely to be a straight line upwards.”
Todays Important Data for Bullion Market [10-Aug-2022]
![Todays Important Data for Bullion Market [10-Aug-2022]](https://www.goldsilverreports.com/wp-content/uploads/2022/08/DATA-FOR-TODAY-10082022.webp)
Todays Important Data for Bullion Market Annual inflation rate in the US likely slowed to 8.7% in July of 2022 from 9.1% in June, which was …
MCX Weekly Forecast: 08 To 12 August 2022 By Neal Bhai Reports
Top 5 Commodities MCX Weekly Research Report and Forecast 08 to 12 August 2022 Weekly, Monthly MCX Real Time Research Reports Released by Neal Bhai Experts Research Teams, India. Subscribe Us …
MCX Crude Oil Real Time Forecast Rocking 7180 to 7017, Profit 32000 in 2Lots
Real Time MCX Crude Oil Forecast for Today is Rocking 7180 to 7017, Profit 32,000 in 2Lots Crudeoil 163 Points Profit Real MCX King Neal Bhai …
Gold Trend Sideways: Spot Gold Support at $1727 Resistance at $1812 per Ounce
Spot Gold Trend Sideways: Bullion prices shed weekly gains on Friday after the US reported stronger than expected private payroll numbers. The improved job market report has raised market expectations of aggressive rate hikes and eased worries over recession. The US Nonfarm payrolls rose 528,000 last month, more than double economists’ estimates.
Gold Holds Drop After US Jobs Data Support Rate-Hike Outlook
Gold held its biggest decline in two weeks after strong US jobs growth tempered recession fears, suggesting the Federal Reserve is likely to persist with steep interest-rate hikes to curb inflation.