Gold Silver Reports — Open mouth, move the dollar. Comments by Federal Reserve Bank of Philadelphia President Patrick Harker late
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Fed Signals Higher Rates
Gold Silver Reports — Gold fell for a fifth day, the longest run of losses in six months, as speculation that the Federal Reserve will raise interest rates as early as next month strengthened the dollar and dented the metal’s allure.
Gold Prices Slip by Rs 105per 10grams
Gold Silver Reports — Gold prices fell by Rs 105 per 10 grams at the bullion market on May 23, tracking a weak global trend amid easing demand from jewellers at prevailing levels.
Gold Traders Remain Bullish – Buy on Dips
Gold Silver Reports – Gold traders are still bullish on gold, even after a selloff brought on by expectations of faster U.S. rates increases following the release of Federal Reserve minutes this week.
Gold open on Flat Note Tracking Mixed International Clues
Gold Silver Reports — Gold may open on flat note tracking mixed international clues as FOMC meeting minutes later today will give further direction to the prices.
Natural Gas Mcx Trading Zone 132-140
Gold Silver Reports — Crude oil may continue its upside as EIA weekly inventory data to give further direction to the prices. Crude oil (June) can move in zone of 3170-3280 in MCX.
Gold Prices Are Still Solid
Gold Silver Reports — Billionaire George Soros prepared last quarter for gloomy times, dialing back his U.S. stock investments by more than a third, betting against the equities while banking on gold.