Neal Bhai MFA Technical Analyst – MCX Silver Tips Below 40100 Only Sell, Silver MCX Trading Zone 39200-40100 – U.S. retail sales increased marginally in April as rising gasoline prices cut into discretionary spending, but consumer spending appeared on track to accelerate after slowing sharply in the first quarter. Federal Reserve Chair Jerome Powell’s top deputies are edging toward a clash that could shape the pace of interest-rate hikes in coming months, as well as how the Fed should prepare for and combat the next economic downturn.
Mcx Silver
Silver Prices are Forecast to Ease Slightly on Moderating Industrial Demand
Gold Silver Reports (GSR) – Silver prices are forecast to ease slightly on moderating industrial demand,” the report said. “More than half of silver consumption goes to industrial use. Demand from the photovoltaic and electronic sectors remains strong, but is being eroded by substitution and more efficient production techniques that use less silver.”
Gold Silver Time To Shine As Dollar Loses Its Luster – By Neal Bhai MFA Technical Analyst
Gold Silver Reports (GSR) – Gold Silver Time To Shine As Dollar Loses Its Luster — Turing back to gold, according to some commodity analysts, the precious metal is getting a modest boost from a weaker U.S. dollar as inflation, while ticking higher, does not support aggressive Federal Reserve monetary policy tightening.
MCX Gold, Silver, Copper All Tips Rocking Boom Boom
MCX Gold, Silver, Copper All Tips Rocking ❤ MCX Gold : 30680 To 30845 ❤ ❤ MCX Silver : 38280 To 38715 ❤ ❤ MCX Copper : 439.90 To 449.20 ❤ Neal …
Crude Oil Pares Rally Amid Signals of Expanding American Crude Surplus
Gold Silver Reports (GSR) – Crude Oil Pares Rally Amid Signals of Expanding American Crude Surplus — Futures closed 0.3 percent higher in New York on Thursday, wiping away most of the gains made during the session. Data provider Genscape Inc. was said to report inventories at the key pipeline hub in Cushing, Oklahoma, expanded, taking the wind out of a rally earlier driven by an unexpected Arab Light crude price increase by Saudi Arabia, the world’s biggest oil exporter.
MCX Silver Under Fresh Selling Trading Zone Between 37600—39300
Gold Silver Reports (GSR) – MCX Silver Under Fresh Selling Trading Zone Between 37600—39200 – Silver on MCX settled up 1.85% at 39030 boosted by the softer dollar and in escalation in trade tensions between the U.S. and China, which underpinned safe haven demand. Renewed safe-haven demand comes amid investor concerns over escalating US-China trade tensions after Beijing unveiled retaliatory tariffs on Monday overnight.
MCX Silver Below 38270 Under Fresh Selling Support Key 37800
Gold Silver Reports (GSR) – 💗💗💗💗💗Technically Silver market is under fresh selling as market has witnessed gain in open interest by 5.44% to settled at 22806 while prices down 229 rupees.
GOLD & SILVER BUY KARNA MANA HAI