Gold Silver Reports (GSR) – Gold prices slipped today, but was trading above the 10-week low touched in the previous session, as the dollar rose against the yen on signs of progress in the US-China trade dispute and strong US economic data. Investors are now awaiting the US jobs numbers for more signals on the strength of the economy.
Analysis
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ANALYSTS: NEW ZEALAND SHOOTING SENT GOLD PRICE HIGHER
The attacks over in New Zealand has stunned the markets; Investors are seeking shelter under safe haven assets.
MCX Gold Target 33800—34333, Buy on Dips – Neal Bhai
MCX Gold Target 33800—34333, Buy on Dips – Neal Bhai
MCX Gold settled up 0.2% at 33367 as the dollar eased as trade tensions faded, but regained most of the lost ground as the day progressed. Trade tensions easing as the U.S. President Donald Trump decided to delay the imposition of additional tariffs on goods imported from China.
MCX Base Metal Blast – Lead – Aluminium – Zinc – Copper Boom Boom
MCX Base Metal Blast – Lead – Aluminium – Zinc – Copper Boom Boom BASE Metal Tips MCX Lead Above 140 Target 149—154, Buy on Dips …
MCX Crude Oil Tips Above 3900 Target 4080—4140—4220
MCX Crude Oil Tips Above 3900 Target 4080—4140—4220
MCX Crude Oil settled down 3.75% at 3932 after US President Trump said oil prices are “too high”. The comment that urges OPEC to lower the cost of crude put pressure on the Saudi-led group to soften its price-boosting output cuts.
MCX Copper Under Buying Zone Target 468—480, Very Very Soon
MCX Copper Under Buying Zone Target 468—480, Very Very Soon – Copper on MCX settled up 1.54% at 462.35 as inventories tumbled and investors bet on a U.S.-China trade deal.
MCX Aluminium Above 125 Target 138—142, Buy on Dips
