MCX Gold Price Above ₹ 30645, Small Upside Possible – Just Dead Cat Bounce – Neal Bhai Reports. “No Magic, No Miracle, Just Power of Level” …
Gold Silver Reports (GSR) – US investors, gold fell $3 from last week’s close at $1252 per ounce, moving closer to the 6-month low at $1246 to which the yellow metal crashed last Thursday….
Gold Silver Reports (GSR) – Precious metals gold and silver were trading mixed in the late morning deals on Monday….. MCX Gold futures were trading 0.05 per cent, or ₹ 14 lower at ₹ 30,418 per 10 grams at 11:20 am (IST), while MCX Silver futures were down 0.40 per cent, or ₹ 156, at ₹ 39,072 per 1 kg at the same time.
Gold Silver Reports (GSR) – A Mauritian commodity exchange that plans to start operating in the fourth quarter expects to trade $6.5 billion of gold annually within five years, part of the Indian Ocean island nation’s plan to become a financial gateway to Africa, its chairman said.
Red Alert : MCX Gold Silver Main Kohram Machega, Buyer Rahe Savdhaan – Neal Bhai Reports“No Magic, No Miracle, Just Power of Level”
Neal Bhai Reports (NBR) By CFA’s and MFA’s Technical Team
Mobile No. 9582247600 & 9899900589
GoldSilverReports.com (GSR) – Gold prices edged up early Friday after slipping to a more than six-month low in the previous session, as the dollar softened from recent highs, but the yellow metal was headed for its worst monthly performance since November 2016.
Gold Silver Reports (GSR) – Gold prices moved down by ₹ 55 to ₹ 31,595 per 10 grams on Tuesday, due to sluggish trend overseas amid slowing demand from local jewellers, reported PTI. Globally, gold prices hit its lowest in more than six months as a sell-off in global risk assets eased. Moreover, the metal remained under pressure from the prospect that rising US interest rates will further support the US dollar.