MUMBAI, Feb 05 Gold Trading prices after making an intermediate high at USD 1763 and corrected to close the day at USD 1725 on Friday as US economy added more jobs in January than forecast. Selling pressure gathered momentum after gold in New York slumped the most in five weeks as the US economy added more jobs in January [...]
MUMBAI, Feb 01 Gold Trading prices traded flat on Tuesday, but the precious metal is heading for its biggest monthly rise since August on global economic unease and the US Federal Reserve’s long-term outlook for near-zero interest rates. Bullion erased initial gains as the euro dropped amid renewed Greek debt concerns and as US equities fell on disappointing [...]
February 1, 2012 | Posted in
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MUMBAI, Jan 16 Gold Trading prices after make a Cycle trading bottom at USD 1625 and rallies and we expect the rally to last until the next week. Gold Technical View : We have made things simpler for readers, we have incorporated a indicator overlaid in prices which gives the common investor the over all trend of the commodity at a glance. On [...]
January 16, 2012 | Posted in
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MUMBAI, Jan 09 - Gold Trading prices after make a Cycle trading top at USD 1631 corrects and we expect the correction to last untill the later part of the week. Gold Technical View : We have made things simpler for readers, we have incorporated a indicator overlaid in prices which gives the common investor the over all trend of [...]
January 9, 2012 | Posted in
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MUMBAI, Jan 06 - Gold Trade prices ended the U.S. day session higher and near the daily high after trading on both sides of unchanged in choppy price action. There has been fresh safe-haven investment demand for gold surface this week, amid fresh tensions between the U.S. and Iran, and amid the ongoing European Union sovereign debt crisis. The [...]
January 5, 2012 | Posted in
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MUMBAI, Jan 03 - Gold Trading Price traded higher nearly by 2 percent on Tuesday, fuelled by a recovery in the euro against the dollar, after the bullion price neared six-month lows last week in a flurry of year-end selling. We see Trading Top for Gold to be in place around USD1609. In case it crosses USD 1609 then we [...]
January 4, 2012 | Posted in
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MUMBAI, Jan 03 Crude Oil Price edged above $102.97 a barrel on Tuesday as tension between Iran and the United States stirred fear of a possible disruption to oil supplies from the West Asia and as Chinese data showed economic activity increasing. Oil was one of the best performing assets in 2011, with North Sea Brent [...]
January 4, 2012 | Posted in
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MUMBAI, Dec 19 Crude Price Oil edged lower in volatile trading over the weekend, posting a second consecutive weekly loss as caution about Europe’s debt crisis and year-end positioning continued to spark selling into rallies. Weak trading volume as the holiday season approaches contributed to the choppy trading and both Brent and US crude turned slightly higher [...]
December 19, 2011 | Posted in
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MUMBAI, Nov 18- Crude oil Price futures hit a six-month top after news of the reversal of a major U.S. oil pipeline boosted hopes that a supply glut in the U.S. will be eased. We see the trading top is in place and correction to last end Nov. It earlier rose by as much as 0.65% to [...]
November 18, 2011 | Posted in
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MUMBAI, Nov 11 - Indian GOLD Price traded on Wednesday at a all-time high of Rs 29,122 in the MCX bullion market here on strong demand propelled by ongoing marriage season and deepening financial worries. Gold gained Rs 369 to touch an all-time high of Rs 29,122 per 10 grams as the metal rallied in overseas markets to a seven-week [...]
November 10, 2011 | Posted in
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