Gold prices have shot higher in the open this week due to the increased tensions in the Middle East following the attack on Saudi Arabia’s oil and gas facilities in Abqaiq which has suspended half of the kingdom’s processing, corresponding to 6% of world supply.
Mcx Charts
![Nickel at 5-Week Low [05 September 2024]](https://www.goldsilverreports.com/wp-content/uploads/2019/09/Nickel-base-metals-gsr.jpg)
MCX Nickel Tips – Free Nickel Metal Market Trading Tips & Target ₹1610
The premium of LME nickel cash over the three-month contract fell further to a three-week low of $15 a tonne, indicating a supply crunch has eased. Manufacturing activities across nickel downstream sectors barely improved from a month ago in August, remaining in contraction for the fifth consecutive month, showed an SMM survey on Wednesday September 4.
MCX Nickel Trading Tips Updates – Enjoy 996 To Watch Low 978.80 – Neal Bhai
MCX Nickel Trading Tips Updates – Enjoy 996 To Watch Low 978.80
MCX Nickel Trading Tips – Below 1015 Target 942—922 – Neal Bhai Reports
MCX Nickel settled down 1.94% at 1011.1 on profit booking after prices gained amid an Indonesian mining ministry official reiterating that a ban on the export of raw ore exports would be enforced by 2022.
Crude Oil Prices Rise 1% on Wednesday as Industry Data Showed US Crude Stockpiles Fell More Than Expected
Crude Oil prices rose more than 1% on Wednesday to their highest in nearly a month as industry data showed US crude stockpiles fell more than expected, underpinning a market already buoyed by worries over a potential US-Iran conflict.
सोना 22 सौ डॉलर के नए शिखर पर पहुंच सकता है – कमोडिटी गुरू जिम रॉजर्स कहा
कमोडिटी गुरू जिम रॉजर्स बातचीत में कहा – अगले साल सोना 22 सौ डॉलर के नए शिखर पर पहुंच सकता है। जिम रॉजर्स रूस के बाजारों पर अब भी बुलिश हैं। इनका कहना है कि सोने में आगे जोरदार तेजी दिखेगी। ग्लोबल इक्विटी में सुस्ती से गोल्ड में उछाल आया है। गोल्ड में निवेश करना सबसे बेहतर विकल्प है।
सोना 280 रुपये बढ़कर 34,000 रुपये के पार
सर्राफा बाजार में सोना 280 रुपये बढ़कर 34,000 रुपये के स्तर को पार कर 34,020 रुपये प्रति दस ग्राम पर पहुंच गया. अखिल भारतीय सर्राफा संघ ने यह जानकारी दी. औद्योगिक इकाइयों और सिक्का विनिर्माताओं का उठाव बढ़ने से चांदी भी 710 रुपये की बढ़त के साथ 39,060 रुपये प्रति किलोग्राम पर पहुंच गई.
Gold Prices Slip For 2nd Straight Day – Gold Silver Reports
Gold prices on Monday slip by ₹ 100 to ₹ 33,620 per 10 grams reported news agency Press Trust of India (PTI) quoting the All India Sarafa-Association. Silver prices also dropped by Rs. 10 to Rs. 38,090 per kg owing to reduced offtake by industrial units and coin makers.
Physical Gold Rates Up for 2nd Days – Gold Silver Reports (GSR)
Gold Silver Reports (GSR) – Gold rates held steady on Tuesday, hovering near a three-month high hit in the previous session, as global slowdown worries driven by trade conflicts amid expectations of a US interestrate cut stoked investors towards the safe haven bullion.
USD/CNY consolidates around 6.9050 Mark, People’s Bank of China sets Yuan mid-point at 6.8822
We prefer to take short position on USD/CNY only below 6.8976, stop loss 6.92 and target of 6.8525.
It made intraday high at 6.9087 and low at 6.8976 levels.