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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
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
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.
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
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
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
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
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
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.