Gold Silver Reports (GSR) – The most likely outcome appears to be that impeachment will fail. Even if President Trump is impeached by the Democrat-controlled House, the odds of him being forced out of office by a two-thirds vote in the Republican-controlled Senate are slim. It would be difficult to imagine Trump resigning from office under any circumstance.
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Silver Technical Analysis – Below $17.40 Target 16.90 — 16.55 Very Very Soon – Neal Bhai Reports
Silver Technical Analysis – Below $17.40 Target 16.90 — 16.55 Very Very Soon – Neal Bhai Reports
MCX Copper (Oct) Weaker Below ₹455, Any Rise Fresh Selling; Down Side Support ₹430
BASE METAL TIPS – MCX Copper settled down 0.11% at 440.85 as China’s factory activity is expected to have contracted for a fifth straight month in September. Pressure also seen after the release of a whistleblower complaint against U.S. President Donald Trump added to uncertainties about the global economy, already reeling from the China-U.S. trade war.
WTI Crude Oil Price Touch Trendline Support, Bears in Control – Neal Bhai Reports
The WTI Crude Oil price of oil was lower again on Friday, with West Texas Intermediate crude travelling from a high of $56.75 to a low of $54.79 and ending the day down -0.80%. Prior to the cash close, WTI crude for November delivery has dropped lost 50 cents, or 0.9%, to settle at $55.91 a barrel on the New York Mercantile Exchange.
Investors are Rushing into Gold – Gold Silver Reports
Investors are rushing into gold. And with a spectacular rally in the yellow metal amid uncertainty in the market, which is the best instrument to invest in gold without physically owning it?
Gold and silver pull in the bid on risk-off US session – Gold Silver Reports
Precious metals were once again on the rise as geopolitical matters remain at the fore of investor decision-making processes. Spot Gold rallied from a low of $1515.77 to a high of $1535.60 to around 0.80% higher on the day while the white metal, Silver, eked out a higher high of $18.74 having climbed from $18.25. The Gold and Silver ratio added 0.73% to its upside correction.
Gold Forecast – Spot gold extends recovery and tested 12 Sep spike high at $1524
Gold Forecast 2019
Spot gold extends recovery through $1520 barrier (50% retracement of $1557/$1483) on Monday and tested 12 Sep spike high at $1524.