Gold Silver Reports ~ Crude oil prices today moved down at International benchmarks as US crude stockpiles are seen further rising.
Silver
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Gold Steadied Below The Prior sessions 13 Month High
Gold Silver Reports ~ Gold futures steadied below the prior session’s 13-month peak on Monday, as traders awaited comments from a pair of Federal Reserve officials later in the session for further clues on the path of future rate hikes.
Gold MCX Silver MCX Pani Pani Neal Bhai Again Rock
Gold MCX Silver MCX Pani Pani Neal Bhai Again Rock Gold 29820 to 29544 and silver 37880 to 37486 JUST 1 HOUR ONLY pic.twitter.com/VOpQs2XSK8 — Gold Silver Reports (@goldsilverrepor) March 7, 2016
ABS; Silver Sensitive to Shifts in industrial Demand
Gold Silver Reports – Movements in China industries are likely to drive global silver prices, according to Allocated Bullion Solutions(ABS).
Gold MCX Holds Near 13 Month High
Gold Silver Reports – Gold edged lower on Friday, but was not far off a 13-month peak reached in the prior session when a weaker dollar and technical buying gave bullion its best day in two weeks.
CEO Expects Gold Trade $1000-$1400/oz For Next 5 Years
Gold Silver Reports – The head of Randgold Resources Ltd. says the rebound in bullion prices this year could be doing more harm than good for the companies that produce the precious metal.
Jewelers Shops Close in Mumbai’s Zaveri Bazaar, Excise Tax Protest
Gold Silver Reports – Jewelry shops across India, the world’s biggest market after China, will shutter for three days starting Wednesday in a bid to reverse plans by Prime Minister Narendra Modi to impose a 1 percent excise duty, according to the All India Gems & Jewellery Trade Federation.
Gold Biggest Comeback is Dominating 2016
Gold Silver Reports → The precious metal is the year’s best-performing major asset. Its 15 percent gain is topping gauges of high-yield and investment grade bonds, Treasuries, all currencies and major stock indexes in developing and emerging countries.