MUMBAI, July 09 Gold Forecast prices remained bullish this week and rallies strongly gaining 3.80 percent to $1544.00 from $1487.43 ensuring that the precious metal prices would not close below $1500 for the second consecutive week. Although Bullion continues to trade off of its all-time high of $1577.40, which it reached back on May 2, its clear that [...]
MUMBAI, July 01 Gold Trading prices slipped by Rs 120 to Rs 22,320 per 10 grams yesterday, after a two-day rise, on sluggish demand amid a weak global trend. On the other hand, silver rose further by Rs 550 to Rs 52,700 per kg on increased offtake by industrial units and jewellery fabricators. Silver coins also [...]
MUMBAI, May 10 Gold contract, for June delivery, rose $US11.60, or 0.8 per cent, to settle at $US1503.20 a troy ounce on the Comex division of the New York Mercantile Exchange. Gold ETF had lost 4.8 per cent last week through Thursday before stronger US non-farm payrolls renewed concerns that rising consumer and producer prices [...]
MUMBAI, Apr 10 (www.GoldTradingCalls.com) – Gold Trading prices hit record highs at USD1474.45 along with Silver prices their strongest in 31 years, as the dollar slid to 15-month lows against the euro, with simmering concerns over inflation and unrest in the Middle East also fuelling buying. Dollar and Oil prices * The dollar weakened against [...]
MUMBAI, Feb 5 (www.GoldTradingCalls.com) – Silver prices on spot hit a two-week high on Friday after fluctuating in the wake of mixed U.S. payrolls data, and was on track for its first full weekly gain this year as investors’ appetite for assets seen as higher risk wavered. Spot silver XAG= was bid at $29.130 an [...]
Mumbai, Jan 6 (www.GoldTradingCalls.com) Both Gold & MCX-Silver-H1 on MCX is currently hovering at w4 minor rally at INR 43570 levels and we should see MCX-Silver-H1 minor w5 reaching the lower target around 43750 levels today Jan 06 2011. This is a quick update. Pl check out our 2 previous post MCX Gold Silver futures trading calls MCX Gold [...]
Mumbai, Jan 5 (www.GoldTradingCalls.com) Both Gold & Silver on MCX have made thier Jan 2011 top at 46769 levels. This is a quick update, we see the correction to last atleast 1 week more and see no upside breakout for for some time now. All trades to be taken on the short side. As expected ( write up on Jan 2) [...]
Mumbai, Jan 2 (www.GoldTradingCalls.com) MCX Precious metals gave a good return in the year 2010 due to strong investment demand amid global economic worries. MCX Gold future prices have risen by more than 24 percent while MCX Silver future prices have gone up by more than 72 percent in the year 2010. MCX March Silver [...]
Mumbai, Jan 1 (www.GoldTradingCalls.com) Strong economic data out of the US yesterday encouraged investors to position themselves into higher-yielding assets on the view that the global economic recovery will gain momentum next year. The hunt for higher yields partially explains why EUR/USD is gaining. However, thin trading conditions could be forcing traders to exit short [...]
MUMBAI, Oct 4 (www.GoldTradingCalls.com) The interbank trading has led the Euro somewhat higher across the board, which just opened a new week gapping to the upside against its counterparts. EUR/USD has started the day at 1.3802, around 20 pips higher than its Friday’s close and has traded to a high of 1.3805 so far. EUR/JPY [...]
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