At Gold Silver Reports, our research reports offer detailed analysis on commodities, bullion, crude oil, base metals, and stocks. Backed by expert insights and market forecasts, these reports help traders and investors make well-informed decisions.
SPOT SILVER: Keep Eye On $15.85 Above,Target $16.20 —16.60
Gold Silver Reports ~ Crude oil may trade with positive bias as EIA inventory data to give further direction to the prices. Overall it can move in range of 1850- 2000.
Gold price (XAU/USD) tumbles to near $4,210 during the early Asian trading hours on Wednesday. The precious metal loses momentum as traders book profits ahead of the upcoming key US data releases. Traders brace for the release of the US ADP Employment Change and ISM Services PMI data later on Wednesday.
Neal Bhai Reports ~ Base metals may remain sideways as China markets are closed due to lunar year holidays. Copper maytrade in range
Gold Silver Reports ~ Aluminium settled up 0.38% at 104.45 as a weaker dollar sparked investor demand for the industrial metal and drove bearish traders out of the market.
Financial speculators in metal such as hedge funds have been strongly bearish on the market since early November, amid signs of weakening economic growth around the world. Some of the market’s gains in recent days likely have been fueled by traders closing out short positions that profit from falling prices as the market has rallied against them.
Gold Silver Reports ~ Lead MCX tumbled sharply in the beginning of January. However, it posted a positive daily close after seven consecutive negative sessions and entered a pull-back mode.
