When the silver inventories are high—suggestive of depleting demand from industry qu...
In New Delhi's case, it is the U.S. and EU-led sanctions rather than any willingness on In.. 
In a very general sense, the producers will benefit much more quickly from a rebound in th.. 
- Commodity
- |
- Advise
- |
- Entry
- |
- Agency
- Commodity
- |
- Contract
- |
- Trend
- |
- Pivot Point
- Rubber
- July
- Sideways to Bullish
- 17373
- Cardamom
- July
- Sideways to Bullish
- 798
- Turmeric
- July
- Sideways
- 5693
- Soy Bean
- July
- Sideways to Bullish
- 3869
- Refined Soy Oil
- July
- Sideways to Bullish
- 699
- Base metals, Oil may trade higher on US data; Gold, Silver to be negative
- Spot gold prices declined around 0.5 percent today on the back of upbeat global markets which led to fall in safe haven appeal for the commodity. Further, strength in the US Dollar Index (DX) added downside pressure on prices.
- read more
Consumer price inflation in the U.S. rose for the first time in three months in May, while prices..
By Col. Ajay
As per financial astrology, transit OD Sun in Saturn house is ..
NEW YORK(Commodity Online): US Gold futures for February delivery closed at $1687 per ounce while silver outperformed the yellow metal having reached the highest levels at 31.93 but both metals aren’t providing any clues about its behaviour-whether it is trading as a safe haven asset or risk asset.
On expectation of further stimulus measures and US debt ceiling talks, gold advanced to a one-month high on Friday.
The price of gold in the global markets headed towards $1,700 this week. In India’s Multi Commodity Exchange, gold movement is showing sideways to negative trend trading below 20 day average of Rs 30820.50/10 gram levels.
Spot gold increased to $1,691 in early trade at Singapore and gold futures for delivery in February quoted higher at $1,690.40.
“This week brings into focus the BOJ meeting, the euro- zone finance ministers’ meeting, and U.S. debt-ceiling negotiations, all of which could potentially be bullish for gold,” said Feng Liang, an analyst at GF Futures Co., a unit of China’s third-biggest listed brokerage in a Bloomberg Report.
Goldman Sachs Group Inc. expects gold to climb toward $1,825 over the next three months as U.S. lawmakers attempt to tackle the debt ceiling amid slowing growth, while restating a forecast for weaker prices in the second half of 2013 as the world’s largest economy rebounds.
