Silver rallied Tuesday to finish at its highest level since 2014, up by more than 80% from the year’s low, benefiting as both a precious and industrial metal as it looks to catch up with gold’s impressive year-to-date performance.
MCX Crude Oil Future Price above 2820, Targets Price 3220—3440—3880++ Neal Bhai Reports
MCX Crude Oil Future Price above 2820, Targets Price 3220—3440—3880++ Neal Bhai Reports
Crude Oil prices surged early on Tuesday to their highest level since Saudi Arabia and Russia broke up the OPEC+ pact in early March, thanks to promising results in a coronavirus vaccine trial and the European Union reaching a historic stimulus package deal after five days of marathon talks.
MCX Copper Future above 492, Super Bullish Zone Targets Price 525-552–600++ (Copper Supply Shortage)
MCX Copper Future above 492, Super Bullish Zone Targets Price 525-552–600++ (Copper Supply Shortage)
Copper price gains on supply shortage, demand Recovery in China
Silver MCX Sell CMP 53924 Trade With Stop Loss (Closing Basis) 54555 Target Open – Neal Bhai Reports
Silver MCX Sell CMP 53924 Trade With Stop Loss (Closing Basis) 54555 Target Open – Neal Bhai Reports
Tough Times Never Last, But Tough People Do – Gold Silver Reports
Robert H. Schuller: “Tough times never last, but tough people do.”
Whatever the bad situation right now, it will just pass by, don’t just give up.
Silver Rates Soar to Multi-Year High of Rs 55,510, Gold Prices up Rs 156
Silver rates on Tuesday soared in Indian markets, in tandem with firm global rates. Silver prices today surged by Rs 1,495 to Rs 55,510 per kg in futures trade as participants widened their bets on firm spot demand and global cues. On the Multi Commodity Exchange (MCX), September silver futures gained Rs 1,495, or 2.4 per cent, to Rs 55,510 per kg in 18,458 lots.
Conflict Gold in Spotlight as Investors Flock to Precious Metal
There’s a big shift in the balance of power in the global gold market. A relentlessly expanding physical hoard of bullion stored in London and New York means exchange-traded funds have usurped managed money in the futures market as the key driver of the price of the shiny metal.