Gold Price Sell-off Deepens Despite Rising Tariff, Trade War Concerns

Gold Price Sell-off Deepens despite Rising Tariff, Trade War Concerns

Gold Silver Reports (GSR) – Gold Price Sell-off Deepens Despite Rising Tariff, Trade War Concerns – Gold prices posted an outside weekly reversal off resistance off yearly open resistance earlier this month with the subsequent decline now approaching a series of parallels which could offer some near-term support. The region of interest is $1255/60. Keep in mind that weekly momentum has fallen to its lowest levels since January 2017 and further highlights the downside risk for bullion.

Read More →

MCX Natural Gas Above ₹ 195 Buy on Dips Sell Karna Mana Hai Hint Call By Neal Bhai

US Natural Gas Prices

Gold Silver Reports (GSR) – MCX Natural Gas Above ₹ 195 Buy on Dips Sell Karna Mana Hai Hint Call By Neal Bhai – Natural Gas on MCX settled down 0.15% at 201.4 after data showed that supplies in storage rose more than forecast last week. The U.S. Energy Information Administration said in its weekly report that natural gas storage in the U.S. rose by 91 billion cubic feet (bcf) in the week ended June 15, above forecasts for a gain of 85 bcf.

Read More →