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Bullion News: Gold and Silver price may soar on Fed rate cut hopes

Bullion News: Gold and Silver price may soar on Fed rate cut hopes

Tue, Jun 18, 2019

Experts are of the opinion that Gold and Silver prices may shot up as Fed Chief is expected to cut interest rates. At MCX Gold, expert opinion says that yellow metal has strong support at Rs 32,800 and it may show Rs 33,500 in coming trade sessions. Similarly Silver may show Rs 37,500 levels as the white ,etal has strong support at Rs 36,000 levels.

Bullion Alert! Gold prices to appreciate after profit booking, say experts

Bullion Alert! Gold prices to appreciate after profit booking, say experts

Fri, Jun 07, 2019

After some correction caused by profit booking in MCX Gold, commmodity experts are of the opinion that agggressive investors can still buy MCX Gold at current Rs 32,700 levels taking stop loss at Rs 32,600 for the target of Rs 32,900 to even Rs 33,000 in next two to three day trade.

Commodity Market: Gold prices dip on a rebound in global stock market

Commodity Market: Gold prices dip on a rebound in global stock market

Thu, May 02, 2019

Spot gold was down 0.2% to $1,280.31 per ounce as of EDT (1655 GMT), after hitting a session low of $1,277.38. US gold futures fell 0.3% to $1,282.30 an ounce.

TRENDING NOW

Debt market to remain under pressure in April

Debt market to remain under pressure in April

Thu, Apr 11, 2019

GDP forecast is directly proportional to bond and debt market. Since the GoI has lowered its GDP forecast for FY20, it is going to affect debt and bond market, say experts.

Gold rush: Weak dollar, uncertainty in global markets may fuel future gold rate

Gold rush: Weak dollar, uncertainty in global markets may fuel future gold rate

Fri, Mar 08, 2019

Negative US job date can be an immediate trigger into the global gold future prices as it has already witnessed near 5-6 per cent correction post-February 28 high.

Petrol, diesel price: Brent Crude may touch $70/barrel by Mid of March, say experts

Petrol, diesel price: Brent Crude may touch $70/barrel by Mid of March, say experts

Mon, Feb 18, 2019

Due to rise in crude oil prices in global merchandise, Indian government won't be able to continue its buy-back policy and will be forced to increase petroleum product prices in domestic markets, say experts.

Looking to invest? This commodity is set to give 74% return by April end

Looking to invest? This commodity is set to give 74% return by April end

Mon, Feb 18, 2019

As one lot of crude oil at MCX required Rs 51,000 investment, one can expect up to Rs 38,000 return in next two months time frame, say experts.

Commodity traders alert! Experts predict rise in crude oil at MCX, NYMEX

Commodity traders alert! Experts predict rise in crude oil at MCX, NYMEX

Wed, Jan 09, 2019

Commenting upon the reason for the crude rally at the MCX, Sugandha Sachdeva, Vice President at Religare Commodities told Zee Business online, "In NYMEX, crude oil is hovering around $51-52 per barrel and an upside swing of near 7 percent is expected in next two weeks. Hence, at MCX we are expecting the crude oil future to reach Rs 3,600 per barrel in this time span or say by end of January."

Oil could hit $60 before year-end -Barron's, citing Citi analyst

Oil could hit $60 before year-end -Barron's, citing Citi analyst

Mon, Jul 10, 2017

Accelerating world oil demand and reduced supply from the Organization of the Petroleum Exporting Countries (OPEC) could push crude prices up to $60 a barrel before the end of the year, according to a report from Barron`s.

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