Gold Silver Reports — Gold will probably trade in a range of $1,200 to $1,300 an ounce in the short-term as the metal tracks US real interest rates, according to UBS Group’s wealth management unit.
Buying Gold at Near $1,200 for Insurance
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Copper-Nickel-Aluminium-Zinc Under Short Covering
Gold Silver Reports — Copper MCX is getting support Key 380 and below same could see a test of 377 level, And resistance Key is now likely to be seen at 386, a move above could see prices testing 389.
Copper Crosses INR 380 per kg on Thursday
Gold Silver Reports — The prices of Copper ended at Rs 383.7 per kg, up 1.2%. The prices of Copper tested a high of Rs 384.8 per kg and a low of Rs 380 per kg.
Europeans Paying Least This Year to Buy Gold on Currency Gains
Gold Silver Reports — Europeans are paying the least in six months to buy gold as the euro climbs amid speculation the European Central Bank is poised to withdraw unprecedented monetary stimulus.
Draghi’s Taper Talk Delivers Cheaper Gold for Europeans
Gold Silver Reports — Draghi’s Taper Talk Delivers Cheaper Gold for Europeans — Europeans are paying the least this year to buy gold as the euro climbs to a 13-month high on speculation that Mario Draghi’s European Central Bank is poised to reduce unprecedented monetary stimulus.
Gabriel Seeks $4.4 Billion After Decades Wait for Romanian Gold
Gold Silver Reports — What was supposed to be Europe’s largest gold mine may now turn into one of its biggest compensation battles as developer Gabriel Resources Ltd. seeks $4.4 billion from Romania for destroying the value of the long-stalled project.
Crude Oil MCX Resistance Key 2910
Gold Silver Reports — Technically crude oil market is under short covering as market has witnessed drop in open interest by -8.36% to settled at 23845 while prices up 59 rupees.