Gold Silver Reports – Silver ready rose by 50 to Rs 38,350 per kg and weekly-based delivery by Rs 160 to Rs 37,115 per kg.
Silver Price
Silver (December) MCX Big Update — Keep Eye on ₹ 38100 Big Blast, Sell Karna Mana Hai – Commodity Guru Neal Bhai
Silver (December) MCX Big Update — Keep Eye on ₹ 38100 Big Blast, Sell Karna Mana Hai – Commodity Guru Neal Bhai
Technical Power of CFA’s
(CHARTRED FINANCE ANALYST)
“No Magic, No Miracle, Just Power of Level”
सोने पर जीएसटी, इंपोर्ट ड्यूटी नहीं होगी कम! – Gold Silver Reports
Gold Silver Reports (GSR) – सरकार की ज्वेलरी एक्सपोर्टर्स पर ड्यूटी का बोझ हटाने की कोशिश है। जिसके लिए ज्वेलरी एक्सपोर्ट पर जीएसटी की बैंक गारंटी लेने पर विचार किया जा रहा है। गोल्ड बोर्ड ऑफ इंडिया की सिफारिश भी मंजूर कर ली गई है।
Silver MCX Buy on Dips, Trading Zone Between 37720— 38330 — Neal Bhai Reports
Gold Silver Reports (GSR) – Producer price inflation for July was unchanged from the previous month, with the annualized increase easing from 3.4% to 3.3%, according to data. Still, market participants were likely to remain cautious as they await the release of the more widely followed consumer price index for July.
No Bottom in Gold until Trade War Ends – Gold Silver Reports
Gold Silver Reports (GSR) – keep getting the same arguments trying to undermine the existence of a Chinese peg for Gold in yuan terms, despite having clearly provided the rationale for why the Chinese would enforce such a peg and the simple math for why it is now almost exclusively driving the Gold price. Yet people continue to question its existence. To avoid repeating myself any further—and make better use of people’s time for those who already “get it”—the articles below cover all of the issues raised:
Gold Prices Up for 3rd Day in Row, Silver Rates Gain
Gold Silver Reports (GSR) – Global spot gold rate was steady at $1,213.05 an ounce, as of 0650 GMT, after hitting as high as $1217.85 in early trade. US gold futures were down 0.2% at $1,221.4 an ounce. Gold prices had rebounded on Friday from a 17-month low of $1,204 per ounce as dollar slipped after data showed US job growth slowed in July.
Barrick Gold Corp Reported a Sharp Drop in 2nd Quarter
Gold Silver Reports (GSR) – Barrick Gold Corp reported a sharp drop in second-quarter adjusted profit on Wednesday, reflecting lower gold sales, and maintained its full year production forecast to produce between 4.5 million and 5 million ounces of gold.