MCX Silver Down Support at 46385 By Neal Bhai

MCX Silver Down Support at 46385 By Neal Bhai

Gold Silver Reports — MCX Silver settled down -0.23% at 47167 as risk averse sentiment cooled expectations of easing monetary policies across the globe. Shares edged slightly lower as a downturn in crude oil curbed the enthusiasm from fresh record highs on Wall Street. While Britain’s shock vote to leave the European Union has led players to raise their bullion price forecasts again this year, after the decision shook up financial markets and sparked a rally in the precious metal to 2-year high.

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Is 2016 the year of gold and silver?

Is 2016 the year of gold and silver?

Gold Silver Reports — Global economic and political instability (including geopolitical tension) has prompted investors to resort to safe haven assets in 2016, with bullion being the most preferred investment instrument this year.

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Bitcoin Loses 25 Percent in 5 Days

Bitcoin Loses 25 Percent in 5 Days

Gold Silver Reports — Bitcoin plunged for a fifth day as concern Britain will vote to leave the European Union waned and a hack suffered by another crypto-currency undermined confidence in such digital assets.

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Bitcoin Trades Love Gold

Bitcoin Trades Love Gold

Gold Silver Reports — Bitcoin has been trading love one of its oldest antecedents as investors speculate on the odds of Britain voting to leave the European Union in Thursday’s referendum.

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Copper Trading Zone of 314-323 Levels

Copper Trading Zone of 314-323 Levels

Gold Silver Reports — Base metals pack may open on negative path as US existing home sales data to give further direction to the prices. Copper may move in the range of 314-323. Lead can hover in the range of 115-117 while zinc can move in the range of 136 -138. Nickel may move in the range of 615-625 in MCX.

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