Keep Eye on Gold Spot $1218 Level.
Silver
MCX Silver – MCX Silver Target Today, Free Tips, Trend & Live Market. Get MCX SILVER price today across expiry dates! Price charts & market information on SILVER Futures traded on MCX.
Silver – Expect further Upside
Gold Silver Reports — Silver jumped 11 percent in the first quarter after falling 12 percent last year to its lowest since 2009.
Gold and Silver Demand Continue to Rise
Neal Bhai Reports — Silver and Gold are still up nearly 20% year-to-date, and so are a few other notable commodities:
Commodity Price Gains in 2016
SOYBEANS +21.73%
SILVER +19.17%
GOLD +18.22%
LUMBER +17.69%
CRUDE OIL (WTI) +16.60%
PLATINUM +14.74%
(Prices through May 26, 2016)
Gold at Risk of Taking a Tumble
Gold Silver Reports — Gold at risk of taking a tumble as a resurgent dollar erodes demand with the Federal Reserve opting for not one, but two rate increases before the year-end, according to UBS Group AG’s wealth-management unit, which forecasts that bullion may drop back to $1,150 an ounce.
Gold Traders Remain Bullish – Buy on Dips
Gold Silver Reports – Gold traders are still bullish on gold, even after a selloff brought on by expectations of faster U.S. rates increases following the release of Federal Reserve minutes this week.
Gold Prices Are Still Solid
Gold Silver Reports — Billionaire George Soros prepared last quarter for gloomy times, dialing back his U.S. stock investments by more than a third, betting against the equities while banking on gold.