Thursday, November 8, 2018
Friday, August 17, 2018
Gold prices slump today, silver follows suit – Gold Silver Reports
Gold Silver Reports (GSR) - Gold prices tumbled by ₹ 290 to ₹ 30,340 per 10 grams dragged by weak global trend and falling demand from local jewellers
Gold prices tumbled by Rs 290 to Rs 30,340 per 10 grams on Thursday dragged by weak trend overseas and falling demand from local jewellers, reported PTI. In global markets, gold prices also remained weak but clawed back from a 19-month low. Short-covering and a slight softening of the US dollar, following news that US and China will hold trade talks late this month, helped global prices to pullback slightly after falling to 19-month low. Global gold prices, which have largely been pressured by a strong dollar and rising US interest rates, have shed nearly 10% in 2018.
In Delhi, gold prices of 99.9% and 99.5% purity plunged by Rs 290 each to Rs 30,340 and Rs 30,190 per 10 grams, respectively. Sovereign also declined by Rs 100 to Rs 24,500 per piece of eight grams.
Global spot gold rate was up 0.1% at $1,175.07 an ounce. Earlier in the session, amid a broad commodity sell-off and some stop-loss selling spot prices fell as much as 1.2% to $1,159.96, the lowest since January 2017, traders said.
In line with gold, domestic silver prices declined by Rs 715 to Rs 38,000 per kg due to poor offtake by industrial units and coin makers, the PTI report added. Silver coins, too, plummeted by Rs 1,000 to Rs 72,000 for buying and Rs 73,000 for selling of 100 pieces.
China will send vice commerce minister Wang Shouwen to the US for trade talks in late August, the first official exchanges since earlier negotiations broke down two months ago. Meanwhile, the White House said new tariffs on Turkish goods would remain and President Recep Tayyip Erdogan received a financial lifeline from Qatar that should buy him time in the standoff.
Asian stocks largely reversed losses and US equity futures climbed with Treasury yields, after US and China agreed to resume trade talks in late August. The dollar slipped and the yuan climbed.
The Indian rupee plunged to a fresh record low of 70.40 a dollar after the country’s trade deficit widened to a five-year high as petroleum imports surged. The currency opened at 70.25 and touched an all time low of 70.40 a dollar. So far this year, the rupee has weakened 9.15%. - Neal Bhai Reports (NBR)
Sunday, March 26, 2017
Commodities Weekly Research Report March 27-31
Commodities Weekly Research Report 27-03-17 to 31-03-17
Tuesday, March 14, 2017
Commodities Weekly Research Report 13-03-17 to 17-03-17
Commodities Weekly Research Report 13-03-17 to 17-03-17
Trend Sideways ⇒ Sell Silver MCX Between 41100 – 41400, Stop Loss – 42200, Target – 39840 ↔ 39480
Trend Sideways ⇒ Sell Crude MCX Oil Between 3350 – 3380, Stop Loss – 3424, Target – 3130 ↔ 3090
Trend Sideways ⇒ Buy Natural Gas MCX Between 192 – 195, Stop Loss – 185, Target – 210 ↔ 217
Trade With Stop Loss
“The Real Commodity Guru”
Mobile ⊕ 9582247600
WhatsApp No. 9899900589
Free Intraday Calls Commodities Weekly Research Report March 13-17 | Neal Bhai Reports
Thursday, August 6, 2015
Wednesday, November 27, 2013
Monday, November 11, 2013
Gold Updates 11. 11. 2013
Gold Updates 11. 11. 2013:- Alert Alert Alert if Gold Close Below 29470 Gold Hit 29220- 29000- 28830. We Are Not Recommending Sell Gold. Or Above 29515 Minimum Target 31031 to 31530-Maximum Target 32032 to 32530. (Neal Bhai)
SILVER Updates 11. 11. 2013
SILVER Updates 11. 11. 2013:- Alert Alert Alert if Silver Close Below 47700 Silver Hit 47300- 46800- 46300. We Are Not Recommending Sell Silver. Or Above 47700 Target 52200 to 54030----Maximum target 56000 to 58000. and more ...( Neal bhai)
Sunday, October 27, 2013
Weekly Bullion Review: 27.10.2013
| Weekly Bullion Review: Gold Ended At $ 1352 Per Ounce, Gains 2.9% In The Week | 26-Oct-2013 |
|
Gold for December delivery, the most actively traded contract, gained $2.20
or 0.2% to close at $1352.50 an ounce Friday on the Comex division of the New
York Mercantile Exchange. Gold for December delivery scaled an intraday high of
$ 1356.40 and a low of $ 1335.30 an ounce. Weakness in Dollar charged Gold on a
recovery path. For the week, prices settled at 2.9% gains. Consumer sentiment in the U.S. dropped more than previously estimated in October, while wholesale inventories increased slightly more than expected in August. With orders for transportation equipment showing a significant increase, a Commerce Department release on Friday showed orders for U.S. manufactured durable goods rose much more than expected in September. Yesterday, gold ended sharply higher as the dollar trended lower after some soft initial jobless benefit claims data out of the U.S. and some upbeat manufacturing data out of China. Holdings of SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, moved down to 876.52 tons from 878.32 tons. | |
Weekly Energy Review: 27.10.2013
| Weekly Energy Review: Crude Oil Declines To $ 97.85 Per Barrel | 27-Oct-2013 |
Light Sweet Crude Oil futures for December delivery, gained $0.74 or 0.8% to
close at $97.85 a barrel on the New York Mercantile Exchange Friday. US Crude
oil managed to gain in the last session of the week, though in the week it shed
2.9% on account of soft economic data and supply fears. The prices have earlier
dipped to a four month low.
The U.S. Commerce Department said wholesale inventories increased slightly
more than expected in August. Wholesale inventories rose by 0.5 percent in
August following an upwardly revised 0.2 percent increase in July. Economists
expected wholesale inventories to increase by 0.4 percent compared to the 0.1
percent uptick originally reported for the previous month.
Friday session brought some gains mostly on bargain hunting as reports
filtered in Saudi Arabia of cutting down oil shipments due to increased global
supplies and on demand growth hopes after China's upbeat manufacturing data.
| |
Weekly Base Metals Review 27.10.2013
| Weekly Base Metals Review: Copper Declines On China Monetray Tightening Woes | 27-Oct-2013 |
| Copper prices declined on the back of crisis spilling out this time from
China. Even though the PMI data released by China showed a positive picture for
the manufacturing sector, markets remained worried on the monetary tightening
measures from the country. Chinese banks are refraining from injecting fresh
liquidity in the markets that has raised fears of tighter monetary policies in
coming days. The refined Copper imports data of China was released in the week by the General Administration of Customs. As per the report, China refined Copper imports has declined by 15.3% to 2.3 million tonnes in January-September 2013. International Copper Study Group (ICSG) stated that the world copper markets were in deficit of 151000 tonnes in July 2013. Copper markets were in deficit of 93000 tonnes in January-July 2013 compared to production deficit of 552000 tonnes in the first seven months of last year. World mine production of copper in January-July 2013 was 12.35 million tonnes, up 8.6% compared to 11.78 million tonnes in January-July 2012. Refined consumption figures of January-July 2013 have been flat. The total consumption of refined Copper was 12.24 million tonnes, compared to 12.05 million tonnes in January-July 2012, marking a rise of 1.6%. | |
Saturday, September 14, 2013
Gold And Silver True Commodities (NEAL BHAI 9999974733): SILVER 13.09.2013
Gold And Silver True Commodities (NEAL BHAI 9999974733): SILVER 13.09.2013: SILVER 13.09.2013:- SILVER UPDATE BUY BUY BUY BUY 50% 49525 ADD MORE 48970 TARGET 50500- 51230- 52730- 53330- 53900- 54440 (NEA...
SILVER 13.09.2013
SILVER 13.09.2013:- SILVER UPDATE BUY BUY BUY BUY 50% 49525 ADD MORE
48970
TARGET 50500- 51230- 52730- 53330-
53900- 54440
(NEAL
BHAI)
GOLD 13.09.2013
GOLD 13.09.2013:- GOLD UPDATE BUY BUY BUY BUY 50% 29690 ADD MORE
29280
TARGET 30315- 30930- 31315-
31930- 32315- 32715
(NEAL
BHAI)
Saturday, July 27, 2013
GOLD UPDATES 27.07.2013.............
GOLD
Support at 27100-26900
UPSIDE UP TO
27410=====27525=====27730====27900
NEAL BHAI :- 9899900589 & 9999974733
SILVER UPDATES 27.07.2013
SILVER
Support at 40140-39900
UPSIDE UP TO
40915=====41125=====41230====41530
NEAL BHAI :- 9899900589 & 9999974733
Natural Gas Updates..27.07.2013 WHAT NEXT....
NATURAL GAS WHAT NEXT
165 OR 275
WHAT NEXT
NATURAL GAS
SELL SELL SELL >>>>>165
OR
BUY BUY BUY>>>>>>>>275
NEAL BHAI:- 9899900589, 9999974733
Sunday, July 14, 2013
GOLD UPDATES 14.07.2013 NEAL BHAI 9899900589, 9999974733
GOLD 14.07.2013
We see Target
&
Resistance at 1302————–1317 level.
Yes ,If crosses & closes above 1318 for 3
Consecutive days will take to 1363-1378 level.
Support at 1276———————–1270 level.
Now Break & close below 1270 will create Panic
,Yes…But we will not panic @ lower level.
SILVER UPDATES 14.07.2013
SILVER 14.07.2013
We see Resistance at $ 20.68 ,20.99 level.
Now once crosses and closes above 20.99 level
for 3 Consecutive Days will create
more more
BLAST
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