Get the latest updates on MCX Gold and Silver prices for month of May. Learn about price changes, market trends and factors driving these precious metals in simple language.
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Gold Inching Higher on Minor Short—Covering, Bargain Hunting and Capital Flight Problems in India
Gold Silver Reports (GSR) – Gold inching higher on minor short-covering, bargain hunting and capital flight problems in India — Gold inched back toward the $1300 level in early U.S. trading today – up $2.00 at $1299. Silver is up 17¢ at $16.68. The timing on the upticks, coincident the last few days with the COMEX open, gives the appearance of some minor short-covering, but it remains to be seen if it indicates a more conclusive turn among the big speculators.
Gold Market Could be Using the Technology Behind Cryptocurrencies
Gold Silver Reports (GSR) – Gold Market Could be Using the Technology Behind Cryptocurrencies — The London Bullion Market Association last week closed an invitation for submissions of ideas for how to track the metal as it’s dug out of remote mines, traded by middlemen and sold on to buyers scattered around the world. While the LBMA didn’t stipulate what form the system would take, most of the 25 respondents incorporated distributed-ledger technology in their proposals.
Sabina Gold & Silver Reports Final Results From Spring Drill Program
Gold Silver Reports (GSR) – Sabina Gold & Silver Reports Final Results From Spring Drill Program – A spring exploration drill program of 6,033 meters in 10 drill holes at six target areas on the Goose property was completed during early May. Drilling successfully tested target areas in and around existing mineral resources at the Llama and Umwelt deposits and stand-alone exploration targets outside of the known resource areas.
India Gold Imports Are Said to Have Slumped for Fifth Month
Gold Silver Reports (GSR) – India Gold Imports Are Said to Have Slumped for Fifth Month — India’s gold imports shrank 39% in May, according to a person familiar with the information, the fifth month of decline as the world’s second-largest consumer enters a seasonally weak period for demand. Imports contracted to 77.6 tonnes from 126.2 tonnes a year earlier, the person said, asking not to be identified as the figures aren’t public. The purchases exceeded the 52.7 tonnes in April and are the highest so far this year.
Gold MCX Free Tips Below 30610, Sell Sell Sell Target 30222—30030
Gold MCX Free Tips ❤❤❤❤❤ Below 30610, Sell on Rise Sell Sell Target 30222—30030 (HOLDING CALL) March 5, 2018 ❤❤❤ Neal Bhai 9899900589 — 9582247600 ❤❤❤
MCX Zinc Free Tips Report, Above 233 Target 236—242—248 By Goldman Neal Bhai Reports INDIA
Keep Eye on 233 Level, If Continuously 3 Days Trade and Closed above 233 We See Only Blast Blast Blast