- Gold Silver Reports

Dollar Hits Four Month High on US Data

Last Updated On February 20, 2017 6:46 AM by Neal Bhai

Gold Silver Reports – The dollar rose to a 4-month high against a basket of major currencies on Tuesday after the release of data showing US housing starts rose more than expected in June, underpinning a theme of strength in the US economy. Groundbreaking on US homes surged 4.8%. – …

Copper Jump on Weak Dollar

Last Updated On February 20, 2017 6:48 AM by Neal Bhai

Gold Silver Reports — MCX Copper edged higher on Monday on the back of a weaker dollar but gains were kept in check after lackluster rises in Chinese home prices fuelled worries about demand in the world’s top metals consumer. Data on Monday showed home price rises in China slowed in June for a 2nd straight month, adding to concern over the sustainability of a construction-led economic rebound.

Dollar Strong Market Is Nearing in India

Last Updated On February 20, 2017 7:00 AM by Neal Bhai

Gold Silver Reports — Faith in India’s economy and its weather is giving overseas investors the confidence to snap up equities at the quickest pace in more than a year.

Gold up as Dollar Down, All Eyes Fed Speeches

Last Updated On February 20, 2017 2:15 PM by Neal Bhai

Gold Silver Reports ~ Gold edged up on Monday, as the dollar retreated after weaker-than-expected U.S. data, but stayed close to a 1-month low with investors focused on speeches

Dollar Extended Gains to Hit a Fresh 3 Week High

Last Updated On February 20, 2017 6:31 PM by Neal Bhai

Gold Silver Reports – The dollar extended gains to hit a fresh three-week high against the other major currencies on Friday, as the release of strong U.S. data boosted optimism over the strength of the economy.