Gold Silver Reports → Jeera settled up by 3.69% at 15020 on rising demand from stockists and traders at the spot market. Though, Good weather conditions for cumin crop in Gujarat and limited export demand, capped some gains. Jeera supply reported lower in the Unjha spot market as new arrivals started lower quantity. Sources revealed that, Jeera sowing is delayed by 20 – 25 days in Gujarat as a result new Jeera crop arrivals will delay compared to normal arrivals time.
Analysis
Technical Analysis helps identify trading opportunities using actions of Market Participants through charts, patterns, and indicators – Gold Silver Reports
Biggest Asia’s Aerospace Exhibition Start
Gold Silver Reports → Asia’s biggest aerospace exhibition, the Singapore Airshow, opened at the Changi Exhibition Center on Tuesday for a six-day run through Sunday.
Gold MCX Trading Range 28800-29700
Gold Silver Reports → Gold settled down -1.36% at 29386 on profit booking after European banking stocks recovered, inspiring a rally among global equities.
Copper and Nickel surged, China Markets Reopened after Long Holiday
Gold Silver Reports → London copper and nickel surged on Monday, after China markets reopened following a week-long holiday and investors stocked up on the most heavily sold down metals.
GOLD: Time for Pullback/Consolidation?
Gold Silver Report → Since the December lows, $GOLD has moved up +20%, and the advance this month has been nearly vertical (as in parabolic). At this point there are some signs that price needs to consolidate or pull back.
Crude Oil Recovering Prices, Bulls Eye Output Cuts
Gold Silver Reports → Even as West Texas Intermediate futures once again approach $25 a barrel with the U.S. benchmark at its cheapest in more than 12 years, some investors have started betting on a rebound in hopes of crude oil production beginning to slow.
U.S. and Global Market Turmoil Causes Forecasters to Fed’s next move up
Gold Silver Reports → Economists are pushing back their calls for the next Federal↔Reserve interest↔rate hike in droves. Trouble overseas and uncertain economic conditions at home have helped move the median forecast to June from March.