Gold Prices up on local Demand

Gold Silver Reports – Gold Prices up on local Demand — Gold prices advanced by Rs30 to Rs30,650 per 10 grams at the bullion market on Friday following a firm trend overseas along with increased buying by local jewellers. Silver prices also gained Rs120 to Rs39,800 per kg due to pick up in demand from industrial units and coin makers.

Read More →

Gold Price Report October 26, 2017

Gold Price Report

Gold Silver Reports – Gold Price Report October 26, 2017 – Gold markets were slightly positive during the day, but gave back most of the gains as we continue to consolidate around the $1275 level. I think we break down below the $1270 level, the market should then go down to the $1250 level underneath.

Read More →

Gold Price Forecast for October 12, 2017

MCX GOLD FUTURES OUTLOOK

Gold Silver Reports – Gold Price Forecast for October 12, 2017 – Gold prices were nearly unchanged on Wednesday following the Fed’s minutes from the September FOMC meeting. It appears that the December rate hike is fully baked in the cake, but inflation expectations are lower in 2018.

Read More →

Gold MCX Support Key 29620 October 10, 2017

Gold MCX

Gold Silver Reports – Gold MCX Support Key 29620 October 10, 2017 – Technically Gold market is under short covering as market has witnessed drop in open interest by 3.23% to settled at 7303 while prices up 159 rupees.

Read More →