Global Economy to Push The Gold to Its Best Year Since 2010

Global Economy

Gold Silver Reports – Global Economy to Push The Gold to Its Best Year Since 2010 – Bullion futures on the Comex in New York jumped 13 percent in 2017 for a second straight annual gain. Other measures of the metal also defied the interest-rate odds: Holdings in exchange-traded funds backed by bullion advanced for a second year, as did the net-long position in the metal held by hedge funds and other large speculators.

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Copper Rally Is Longest in a Generation

Copper

Gold Silver Reports- Copper is on a run that’s set to be the best in almost 30 years. The metal is on course for the longest winning streak since 1989, topping $7,300 a metric ton in London, on optimism about increased demand, supply disruptions in China and a weaker dollar.

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Copper Kiss Three-Year High as China Plant Halts Output

Copper Kiss Three-Year High

Gold Silver Reoirts – Copper Kiss Three-Year High as China Plant Halts Output – Copper in London surged to the highest in almost four years after China ordered its top producer to halt output to combat winter pollution, fueling a rally this year driven by optimism about demand and supply disruptions at mines.

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Gold Prices Firm up on Global Cues, Jewellers’ Buying

Gold Prices in India Today

Gold Silver Reports – Gold prices rallied by Rs100 to Rs29,975 per 10 gram at the bullion market on Tuesday on the back of positive global cues amid increased buying by local jewellers. Silver prices followed suit and advanced by Rs170 to Rs38,870 per kg due to increased offtake by industrial units and coin makers.

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