Gold Silver Reports ~ Gold fell by 1 percent on Thursday, pressured by earlier strength in equity markets on the back of a rally in oil rates, with bullion investors book profit in gains from the Wednesday’s rally to 12-week highs.
Commodity News
Get latest Commodities News,Commodities Market News,News Commodities India,Latest Gold rate in India,gold price in rupees,news on Commodity Market,Silver price charts,Commodity prices and data on Silver,Gold,Crude Oil,MCX India,gold prices,copper and more on Commodity Market India.
Gold Price Recover in 2016 ? Reuters Survey
Gold Silver Reports ⇒ Demand from Asia and further contraction in global mine production will prompt gradual recovery of gold prices in 2016, especially in the second half, according to Thomson Reuters GFMS survey. “We expect a slow recovery in 2016 in dollar terms, with the gold price trading above $1,200/oz towards year-end, and averaging $1,164/oz.”
Gold Investor Caution Before Fed Statement
Gold Silver Reports ~ Gold steadied below a 12-week peak on Wednesday as investors remained cautious ahead of the Federal Reserve’s first policy statement of the year, which is expected to give clues on interest rates.
Federal Reserves 1st Policy Statement of The Year
Gold Silver Reports ~ Gold steadied below a 12-week peak on Wednesday as investors remained cautious ahead of the Federal Reserve’s first policy statement of the year, which is expected to give clues on interest rates.
Copper Prices Trade Higher As China Demand
Gold Silver Reports ~ LME Copper prices traded higher by 0.2 percent as Copper premiums in China rose to $95-$100 last week, the highest since late October as Chinese stockpiling picked up ahead of next month’s Lunar New Year. besides,
Gold Up And World Economy Concerns
Gold Silver Reports ~ Gold rose on Monday, as the dollar edged lower on renewed oil market weakness and concerns over the global economic report which have raised questions about the Federal Reserve’s pace of interest rate tightening.
Gold Up Hopes Fed Hikes Amid World Economy
Gold Silver Reports ~ Gold edged higher on Monday, buoyed by expectations the U.S. Federal Reserve may have fewer chances to raise interest rates this year in the face of a wobbly global economy.