Gold Silver Sell More Lots 500—1000 Lots and So Jaao – Neal Bhai Reports
Nervous trading ahead of the key event holds the yellow metal captive after recent declines.
Gold Silver Sell More Lots 500—1000 Lots and So Jaao – Neal Bhai Reports
Nervous trading ahead of the key event holds the yellow metal captive after recent declines.
Gold Silver Reports (GSR) – Silver prices is currently trading around $14.82 marks. Intraday bias remains neutral till the time pair holds key resistance at $14.80 mark. It made intraday high at $14.97 and low at $14.76 levels.
Silver will see a resurgence in demand this year from rural Indians spending cash handouts from the government designed to aid local economies ahead of the general election, according to Metals Focus Ltd.
Leading bourse BSE Monday became the first stock exchange in the country to launch the commodity derivative contracts in gold and silver.
Gold slipped on Tuesday as concerns over an escalating trade conflict between the United States and China battered emerging market currencies and prompted investors to seek perceived safety in the dollar. A stronger dollar makes dollar-priced gold costlier for non-US investors.