Gold Silver Reports ~ Gold was holding near 8~month high on Wednesday as risk aversion sent investors to the safe-haven asset amid a tumble in global stock markets and concerns over the global economy.
Silver
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Gold Prices Soar to 8 Month High Amid Flight to Safety
Gold Silver Reports ~ Gold prices soared to the highest level since June in North America trade on Monday, as retreating oil prices and steep declines in global equity markets underpinned demand for assets perceived as safer.
Gold Uptrend to Start For The Year of 2016-2017
Gold Silver Reports ~ We have been predicting for months that the FED would not be able to raise rates as aggressively as the market was expecting. Thus, we have been long gold and mining stocks believing that a reset in expectations for how fast the FED would raise rates would be bearish for the USD and bullish for gold.
Gold Silver and Metals Prospects Bright in 2016
Gold Silver Reports ~ Gold Silver and Metals may perform on a positive note with promises of price rise in 2016, according to the London Bullion Market Association(LBMA) survey.
India’s Gold Monetisation Scheme? 2016
Gold Silver Reports ~ Did anyone expect Indians will shun their greed for Gold for the benefit of the country when Prime Minister Narendra Modi launched the India’s Gold Monetisation Scheme (GMS).
Gold Levels to Average $1,105
Gold Silver Reports ~ The London Bullion Market Association foresees precious metal prices increasing in 2016. The LBMA Forecast Survey predicts that Gold Levels to Average $1,105 in 2016
Gold Kiss 3 Month High; U.S. Rate Rise Views Ease
Gold Silver Reports ~ Gold Kiss 3 Month High, building on the previous day’s gains to strike a 3 month high as global economic and financial headwinds present obstacles to a U.S. interest rate rise in the near term.
