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Gold is now coming under increasing pressure, not only from a technical perspective, but also from a fundamental one, with the ramifications of the London gold fix allegations now starting to take...
Gold's bounce on Friday was to be used to enter fresh shorts with resistance at 1325/26 but prices topped just below at 1323. Outlook remains negative and we could resume the longer term bear trend...
Gold prices is stable on Monday, as the spot price stands at $1319.30 per ounce in the European session. Thursday's strong employment numbers have bolstered the dollar and weighed on the precious...
After forming what appeared to be a top on Tuesday at $1333 and a quiet day of trading on Thursday due to the 4th July holiday in the US, Gold has declined this morning and is trading around $1313 -...
Silver Slips As US Dollar RecoversGold and Silver are losing ground in late Asian trading today (-0.49 percent and -0.99 percent respectively) as the greenback resumes its upward trajectory...
Gold retreated on Monday, following a holiday-shortened trading week that saw equities picking up speed with the Dow topping the 17,000 mark on the heels of better-than-expected jobs report from the...
Oil traded near the lowest price in more than three weeks, hit by increasing oil supply speculations as Libya reparse to increase exports after taking back control over two ports that have been closed...
As seen in the chart below MCX Silver Sept opened at 44,748 levels and prices made a low of 44,300 levels. During this week as expected prices rallied sharply higher towards the high of 45,375 levels....
MCX Gold August opened the week at 27,632 levels and as expected during this week prices rallied sharply and made a high of 27,940 levels following with breached the high of last two week’s but...
Brent Oil gained 20 points this morning to trade at 110.79 on news that the Ukraine government routed Pro-Russian separatists over the weekend, which might mean the a truce and cease fire negotiations...
Wall Street was closed on Friday for the U.S. Independence Day holiday leaving global markets very quiet which continued to the balance of the weekend. Meanwhile European markets edged lower in quiet...
Silver is currently insistent is forming a range pattern with a slightly bullish trend to it that can be taken advantage of as it heads down to the lower end.Silver recently broke out of a very old...
We had a nice relatively quiet but solid week for markets and stocks for the most part which is nice to see. You just never really know what a holiday week will bring but this one was good. We...
India’s new Steel and Mines Minister Narendra Singh Tomar needs to tread carefully. He must recommend a path that makes economic and financial sense, but it also must not anger either of the two...