Gold Silver Reports (GSR) – Gold prices fell in futures trade on Friday dragged by muted demand at the spot market. Silver also fell on reduced orders from industrial units and coin makers.
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Spot Gold Golden Triangle Pattern, Above $1300 Target $1352—$1372 – Neal Bhai
Spot Gold Golden Triangle Pattern, Above $1300 Target $1352—$1372 – Neal Bhai
Gold Hovers Near 10-month Peak Amid Steady Dollar After Fed Minutes
Gold prices were firm near a 10-month peak on Thursday, with the dollar holding steady in the wake of minutes from the latest U.S. Federal Reserve meeting that rekindled expectations of a possible rate hike later in the year.
Gold @ Two Week High on Trade Deal Hopes
Gold Silver Reports (GSR) – Spot gold had gained 0.1 percent to $1,322.41 per ounce as of 0747 GMT. The metal touched $1,325.30 earlier, just below a 9-month peak of $1,326.30 an ounce marked on Jan. 31.
Crude Oil Kiss 3 Month High on OPEC Cuts
Gold Silver Reports (GSR) – Crude Oil prices rose to their highest levels since November last year on Monday, lifted by OPEC-led supply cuts and U.S. sanctions on Iran and Venezuela.
Gold Imports Down 5% During April-January to $26.93 Billion
Gold Imports Down 5% During April-January to $26.93 Billion – In volume terms, the country’s total gold imports increased by 22.43% to 955.16 tonnes in 2017-18. It stood at 780.14 tonnes in 2016-17.
Gold Yellow Metal Bulls Good Upside Momentum
Gold futures prices ended the U.S. day session with solid gains Friday, hit a two-week high and closed at a technically bullish weekly high close.
Crude Oil Outlook 14 Feb 2019
Gold Silver Reports (GSR) – We expect oil prices to trade higher today as the OPEC supply cut and cut in Venezuela exports on account of sanctions coupled with progress in the US-China trade relation.
Nickel Rally Fades, Electric Vehicle Buzz doesn’t
Last week’s rally to a five-month high of $13,350 per tonne on the London Metal Exchange has gone into sharp reverse. Nickel was trading back at $12,385 on Tuesday.
Gold Steady as Sino-U.S. Trade Hopes Drag Dollar
U.S. and Chinese officials expressed hopes that a new round of trade talks, which began in Beijing on Monday, would bring them closer to easing their nearly year-long trade war.