Gold Silver Reports — Ref Soya Oil Trading Zone at 645-672 — Technically Ref soya oil market is under fresh selling as market has witnessed gain in open interest by 6.66% to settled at 58480 while prices down -3.45 rupees.
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NCDEX Rules to Curb Benami Trading in Commo Futures
Gold Silver Reports — NCDEX Rules to Curb Benami Trading in Commo Futures — The National Commodity and Derivatives Exchange (NCDEX) issued a financial conduct framework which is expected to contribute directly in making the futures market transparent and less vulnerable to manipulation.
Jewellers Buying Support Gold Prices Higher; Global Hints
Gold Silver Reports — Global Hints and persistent buying by jewellers at the domestic spot market, gold prices climbed for the sixth straight day on Tuesday, gaining Rs.140 to Rs.29,800 per ten grams in Delhi bullion market.
Gold MCX Trading Levels 28690 to 29245
Gold Silver Reports ~ Gold on MCX settled down -0.65% at 28941 dropped tracking weakness from Comex Gold while unable to challenge a recent 13-month high near $1280 as traders booked profits after gains from last week’s dovish interest rate announcement by the Fed. The dollar arrested three weeks of declines after hawkish comments from US Fed officials renewed expectations of US interest rate hikes.
Gold Price Slip Dollar Up
Gold Silver Reports – Gold prices slipped on Friday as the dollar ticked up and European share markets extended their rally but was heading for a weekly gain as buying surged via exchange traded funds.
European Stocks Rebound 3 pct, Dragging Gold Lower
Gold Silver Reports → Gold fell more than 2 percent on Monday as a rebound in stock markets pointed to a sharper appetite for risk, pulling down prices further from last week’s one-year high.