Demand For Gold Silver has Suffered

Demand For Gold Silver has Suffered | Neal Bhai Reports

Gold Silver Reports — Silver imports by India, one of the world’s top buyers, will probably shrink this year to the lowest since 2012 as the government cracks down on black money, farmers struggle for cash and stockpiles remain ample.

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MCX Silver Upside Resistance at 43100

MCX Silver Upside Resistance at 43100 - neal bhai silver report

Gold Silver Reports — MCX Silver Upside Resistance at 43100 — Technically MCX Silver market is under long liquidation as market has witnessed drop in open interest by -6.29% to settled at 10610 while prices down -64 rupees.

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Gold Prices goes Against the Grain

Gold Prices goes Against the Grain | Gold Silver Reports

Gold Silver Reports — Gold Prices goes Against the Grain — What works for gold in practice rarely works in theory. The last three US interest rate increases that should, all other things being equal, be bad for the metal have seen prices jump in the months that followed.

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Silver Expected Trading Zone 45385-47050

Silver Expected Trading Zone 45385-47050

Gold Silver Reports — Silver on MCX settled down -2.02% at 46072 on higher equities and as the dollar hit a four-month high following strong US economic data, which raised expectations that the Fed may raise rates before the end of the year.

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Gold Silver Slip as Dollar Cut Demand

Gold Silver Slip as Dollar Cut Demand

Gold Silver Reports — Gold futures fell to a 3-week low as gains in equities and a stronger dollar curbed demand for the metal as a store of value. Silver extended its longest run of losses in eight months, and shares of miners slid the most since November.

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