Gold Silver Reports (GSR) – Globally, gold rose 0.51% to $1,213.30 an ounce and silver gained 0.62% to$15.38 an ounce in New York in yesterday’s trade.
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Crude Oil Futures Settle at $68.96 – Gold Silver Reports
Gold Silver Reports (GSR) – Yesterday, the price closed below that level. Today, the price moved to a new low going back to June 22, but the break could not be sustained. The day is ending back above that key MA level. Buyers/bulls are hanging in there.
MCX Crude Oil Price Strong Support @ ₹4579 – Neal Bhai Reports
Gold Silver Reports (GSR) – Crude Oil on MCX settled down 2.22% at 4629 after data showed an unexpected build in U.S. crude stockpiles as imports increased and exports fell. Oil prices were also hampered by a reported increase in UAE output by about 85,000 barrels a day July.
India Gold Demand to Revive as Government Supports Farmers: WGC
Gold Silver Reports (GSR) – Investment gold demand fell 9 percent in the first half of 2018 from a year ago to 71.6 tonnes as the stock market was giving better returns than bullion, WGC said.
Gold Price Forecast For 2018 – Neal Bhai Reports – Gold Silver Reports
Gold Price Prediction 2018 Month Open Low-High Close Mo,% Total,% 2018 Aug 1252 1190-1262 1224 -8.0% -8.0% Sep 1152 1203-1255 1255 -5.7% -13.3% Oct 1086 1172-1213 …
Can Gold Prices Bounce?
Gold Silver Reports (GSR) – Like with any market, the metals markets go through different phases and trends. The trend is down and until there is a reason to believe that has changed, sellers will continue to be the strong hands. There will be rallies which will continue to be sold because of the phase the metals are in now.
US Crude Oil Futures Settle at $70.13 | Gold Silver Reports
Gold Silver Reports (GSR )- Technically, the price today moved away from the 100 and 200 hour MAs (blue and green lines in the chart above), but stalled near a topside trend line. The price came off against that trend line (currently at $70.35 and moving higher).