MCX Gold CMP 30900 MCX Silve CMP 36640 Sell 100—500 Lots and So Jaao – MCX King Neal Bhai

Last Updated On September 24, 2025 5:25 AM by Neal Bhai

Technical Analysis
Gold prices tumbled down to support level which is seen as an upward sloping trend line that comes in near 1,198. A break of trend line support, or a close below this level would lead to a test of the September lows at 1,180. Prices pushed through support near the 50-day moving average at 1,209, which is now seen as short-term resistance. Additional resistance is seen near the 20-day moving average at 1,224. Momentum is negative as the MACD (moving average convergence divergence) histogram is printing in the red with a declining trajectory which points to lower prices. The fast stochastic has tumbled moving lower which reflects accelerating negative momentum. The current reading on the fast stochastic is 9, which is below the oversold trigger level of 20 and could foreshadow a correction.

Cipla Swings On Acquisition Plans – Gold Silver Reports

Last Updated On November 13, 2018 9:59 AM by Neal Bhai

The drugmaker plans to acquire 33 percent stake in Avenue Therapeutics for $35 million at $6 per share, according to its stock exchange notification.

Shares of the pharmaceutical company fluctuated between gains and losses to trade at Rs 528.40.

Crude Oil Marketers Gains As Crude Resumes Decline

Last Updated On September 24, 2025 5:14 AM by Neal Bhai

The stocks were the best performers on the Nifty 50 Index.

Shares of the Crude oil marketing companies rose in today’s trade after the crude oil resumed declines after a one-day rally.

The Brent crude oil slip 0.86 percent to trade at 69.52 a barrel.

Jet Airways Pares Early Losses After Q2 Results Announcement

Last Updated On November 13, 2018 9:44 AM by Neal Bhai

Key earnings highlights (Q2, YoY):

✅ Revenue up 9.5 percent to Rs 6,161 crore.

✅ Ebitdar loss at Rs 346 crore versus Ebitdar profit at Rs 837 crore.

✅ Net loss at Rs 1,297 crore versus net profit at Rs 50 crore.

✅ Revenue includes a one-off item of Rs 111 crore.

Shares of the airline operator parred early losses and rose as much as 3.3 percent to Rs 250.20.

Crude Oil Continues Big Slide Despite Saudi Talk of Supply Cuts

Last Updated On November 13, 2018 6:01 AM by Neal Bhai

Gold Silver Reports (GSR) – Futures in New York as 0.4% Monday, extending a record decline. Oil was pulled 2.5% lower after the close amid a slide in equities, with President Donald Trump adding pressure with a tweet criticising the Saudi plan.

Gold Prices have fallen about 11%from its April Peak

Last Updated On September 24, 2025 5:29 AM by Neal Bhai

Gold Silver Reports (GSR) – Spot gold was little changed at $1,209.71 per ounce at 0431 GMT. On Friday, prices fell to their lowest since Oct. 11 at $1,206.13 per ounce. “Higher US interest rates and a stronger dollar are flashing red for gold investors,” said Stephen Innes, APAC trading head at OANDA in Singapore.

Gold Prices Rise Today After 4-Day Fall

Last Updated On September 24, 2025 5:29 AM by Neal Bhai

Gold Silver Reports (GSR) — Gold prices climbed Rs 80 to Rs 32,150 per 10 gram while silver ended Rs 150 higher at Rs 38,150 per kg. Gold prices were on a downtrend last week, falling Rs 620 over four days. On Saturday, gold fell by Rs 180 to Rs 32,070 per 10 gram.