Gold Silver Reports (GSR) – Crude Oil Conspires With Politics to Drive Rupee Toward Record Low — Brent crude rose above $80 a barrel last week for the first time since 2014, and is looking ominous for the nation’s budget deficit, inflation and the currency. Meanwhile, Modi faces the prospect of rival parties uniting to block his re-election bid after their success at a recent state poll.
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Brent Crude Price Rises To $80 For First Time In Nearly 4 Years
Gold Silver Reports (GSR) – Brent Crude Rises To $80 For First Time In Nearly 4 Years – Brent Crude rose to $80 per barrel, its highest level since Nov. 2014.
MCX Silver Tips Below 40100 Only Sell, Silver MCX Trading Zone 39200-40100 – Neal Bhai MFA Technical Analyst
Neal Bhai MFA Technical Analyst – MCX Silver Tips Below 40100 Only Sell, Silver MCX Trading Zone 39200-40100 – U.S. retail sales increased marginally in April as rising gasoline prices cut into discretionary spending, but consumer spending appeared on track to accelerate after slowing sharply in the first quarter. Federal Reserve Chair Jerome Powell’s top deputies are edging toward a clash that could shape the pace of interest-rate hikes in coming months, as well as how the Fed should prepare for and combat the next economic downturn.
Gold Prices Slip on Easing Demand From Jewellers
Gold Silver Reports (GSR) – Gold Prices Slip on Easing Demand From Jewellers — Gold prices on Monday softened by Rs115 to Rs32,285 per 10 gram on sluggish demand from local jewellers even as overseas trend firmed up. Silver prices also eased by Rs100 to Rs41,300 per kg due to reduced offtake by industrial units and coin makers.
Crude Oil at $100 Is a Possibility Next Coming Year, Bank of America Says
Gold Silver Reports (GSR) – Crude Oil at $100 Is a Possibility Next Coming Year, Bank of America Says – Crude Oil prices could rally to $100 a barrel next year, a level not seen since 2014, as supply risks in Venezuela and Iran strain global markets, according to Bank of America Corp.
Crude Made Double Top $70.60 Cross or Close Above Ready For Big ThunderStorm
Crude Made Double Top $70.60 Cross or Close Above Ready For Big ThunderStorm, Will It Cross or 1st Take Resistance or Melt Down And By Neal Bhai Reports MFA Technical Analyst 9582247600 and 9899900589
Crude Oil Price Holds Near $70 as Trump Dumps Iran Deal
Gold Silver Reports (GSR) – Crude Oil Price Holds Near $70 as Trump Dumps Iran Deal — The U.S. benchmark crude surged above $70 a barrel to start the week as traders speculated on Trump’s next move against the Islamic Republic. The U.S. will be working with its allies to “find a real, comprehensive and lasting solution to the Iranian threat,” Secretary of State Mike Pompeo said in an emailed statement.