Mcx Bullions Tips - Gold closes higher on strong global cues as on 06 Aug, 2015

Gold futures ended higher in the indian market on Wednesday after data showed that US non-farm private employment rose less than await in this  July, irrigate optimism over the power of the economy and fanning hopes that the Federal Reserve could delay raising interest rates until the very end of 2015. Payroll processing firm ADP said earlier that non-farm private employment raise by 185,000 last month, below expectations for an increase of 215,000. Market players were also waiting for Friday's US nonfarm payrolls describe. The agreement assume is that the report will show jobs devlop of 223,000. Gold is likely to trade higher today with the focus ahead on US jobs data at the end of the week. At the MCX, Gold futures for this  August 2015 contract closed at Rs 24,705 per 10 gram, up by 0.12 per cent after starting at Rs 24,535, against the previous closing price of Rs 24,675. It touched the intra-day high of Rs 24,706.

Mcx Bullion Tips - Gold up on softer dollar; platinum and palladium at multi-year lows as on 05 Aug, 2015

Mcx Bullion Tips - Gold rose on Tuesday as the dollar debilitated after delicate U.S. financial information, while platinum and palladium hit multi-year lows on oversupply and languid autocatalysts request.

Platinum XPT= plunged to its most reduced subsequent to January 2009 at $940.50 an ounce, while palladium XPD= hit a close to three-year low of $586.30 an ounce.

"Diggers keep on expanding generation in a market that is as of now oversupplied and just critical cuts would help platinum and palladium costs recoup," Bank of America-Merrill Lynch examiner Michael Widmer said.

Both metals, for the most part utilized as a part of impetuses to tidy up vehicle debilitate emanations, were further forced by a private study on Monday that demonstrated China's manufacturing plant movement shrank more than at first assessed in July.

Mcx Bullion Tips - Yellow metal logs slim gains as US data eyed as on 03 Aug, 2015

Mcx Bullion Tips - Gold futures yield to fair loss in late morning trade in the domestic market on Monday as traders stuck to a cautious stance ahead of key US economic data this week including the July non-farm payrolls numbers with another 200K plus employment growth number likely to raise calls for a rate hike by the Fed in the coming months, curbing the lure for the bullion as a store of value.

Mcx Bullion tips - Monday’s US economic numbers that are due include personal spending for July, ISM Manufacturing July PMI and June construction spending, all of which will act as important indicators of the health of the world’s biggest economy, helping the Fed to decide the timing of a maiden interest rate lift-off since 2006.

At the MCX, Gold futures for August 2015 contract is trading at Rs 24,805 per 10 gram, down by 0.03 per cent after opening at Rs 24,818, against the previous closing cost of Rs 24,813. It meet the intra-day low of Rs 24,771. (At 11:40 AM).

MCX BULLION TIPS - Dollar weakness helps Bullion regain some lost ground as on 3 Aug, 2015

Mcx bullion Tips - A weaker dollar on Friday came to the rescue of the yellow metal that has been under severe selling pressure in recent times as fears that the US Federal Reserve is getting ready for the first interest rate hike in nine years soured sentiment in Gold, which becomes less attractive compared to interest-earnings assets in a rising interest rate scenario.

A weaker dollar boosted the demand for Gold as an alternative asset. Weaker greenback makes the bullion cheaper for those holding other currencies, thus support needs.

Mcx Bullion tips - A bearish close at US equities also helped the bullion’s cause. American stocks marked a bearish close on Friday as investors digested dismal earnings from energy majors Exxon Mobil and Chevron as an oil price rout hit profitability.

Looking ahead, US July non-farm payrolls data is due this week with another 200K plus employment growth number likely to raise calls for a rate hike by the Fed in the coming months.

Gold may trade on a careful note today as traders stay jittery ahead of US jobs data on Friday.

At the MCX, Gold futures for August 2015 contract closed at Rs 24,813 per 10 gram, up by 0.38 per cent after starting at Rs 24,668, against the previous closing price of Rs 24,718. It touched the intra-day high of Rs 24,892.

MCX BullionTips - Dollar strength holds back yellow metal as on 31 July, 2015

MCX Bullion Tips - Gold futures ended on a lacklustre note in the domestic market on Thursday as investors and speculators stayed on the sidelines as a stronger dollar curbed the appeal of the precious metal as an alternative asset.

Stronger green-back makes Gold more expensive for those holding other currencies, thus dimming demand.

Gold was also pressured by fears over near-term interest rate tightening by the US Federal Reserve as strong GDP numbers signalled an improving health of the world’s biggest economy.

The American economy expanded at an annualized pace of 2.3 per cent in the June quarter following a revised 0.6 per cent gain in Q1, with consumer spending, the main growth driver, rising at a 2.9 per cent pace, compared to a 1.8 per cent advance in the March quarter.

Mcx Bullion Tips - The Fed on Wednesday signalled further strength in the US labour and housing markets, leaving the door open for a maiden interest rate hike since 2006, over its coming meetings.

Gold which doesn’t earn any interest tends to lose out against competing assets in a rising interest rate scenario.

The bullion may trade on a cautious note today as investors’ eye key US economic data including consumer sentiment and Chicago business activity index, offering latest cues over the health of the country’s economy.

At the MCX, Gold futures for August 2015 contract closed at Rs 24,718 per 10 gram, unchanged after opening at Rs 24,737, against the previous closing price of Rs 24,720. It touched the intra-day low of Rs 24,565.

Live gold Silver Tips - Supply and Demand in the Gold and Silver Futures Markets as on 28 July, 2015

Live Gold Silver Tips - The law of supply and demand is the basis of economics. Yet the price of gold and silver in the Comex futures market, where paper contracts representing 100 troy ounces of gold or 5,000 ounces of silver are traded,  is inconsistent with the actual supply and demand conditions in the physical market for bullion. For four years the price of bullion has been falling in the futures market despite rising demand for possession of the physical metal and supply constraints.

Mcx Bullions tips - today gold target call as on 28 July, 2015

Mcx Bullions Tips :- REVIA MCX: SELL GOLD BELOW 24770 TGT 24720/24660/24590 SL 24820

Timing :- 28-07-2015 13:22:31

 REVIA MCX: GOLD SELL CALL HIT 1ST TGT 24720 BOOK PART PROFIT (9977785000) 

Mcx Gold Tips - Precious Metals Forecast – Gold as on 28 July, 2015

Mcx Gold Tips - Gold kicked the trend today adding almost $18 to trade at 1103.70 and seems to be finding support at $1100 as the US dollar tumbled after equities eased on Friday. Traders are not really conform what to suppose, or how to react at this time so they are buying up cheap metals. Silver added 207 points or 1.43% to 14.695 while Platinum saw just a small increase to 984.55. The US dollar collapse 76 points as traders wondered about the Fed meeting and decision on Wednesday. 

Mcx Bullions Tips - valuable metals collapse to their lowest in more than five years last week and are headed for its biggest monthly loss in two years as the Federal Reserve is expected to raise interest rates in the second half of 2015. It is down more than 7% this year and US speculators turned most bearish since the government started tracking data in 2006 as the prospects of the first increase in borrowings costs since 2006 fueled a rally in the dollar against a basket of major trading peers and bolstered demand for interest-yielding assets.

Mcx Bullions Tips - Gold forecast for the week of 27 July, 2015

Mcx bullions Tips - Gold markets fell significantly during the course of the week, slicing through the $1140 level. This was a significant supportive level that finally gave way to the sellers. With this, the market looks like it is start go down, and finish directly we feel that the markets will finally try to test the $1000 level, as it was a massively resistive fence back, so having said that it is extra than likely going to offer a important caring  level. With that, the market will find finish a bit of buying load in that general vicinity they can be used to pick up gold for long-term trades.

Mcx Bullions Tips - However, the market looks as if it is going to extend to go downs over the next various weeks, and with the lack of volatility and liquidity during summertime trading, this wouldn’t be much to query out of the sellers. We trust that any rally at this spot in time will more than likely find a important amount of fight, mostly near the $1140 level as it was before supportive. So with this we feel that any fight candle over would be “importance” in the US dollar.

Yellow metal snaps losing streak on dollar weakness as on 24 july, 2015

Mcx Bullions Tips - Gold futures scripted a rebound in the domestic and overseas market on Thursday as the recent sharp run of losses in the precious metal amid the Gold’s loss of appeal as a store of value on fears over a US interest rate hike and diminishing safe haven demand on waning Greek and China worries, offered investors and speculators, a good bargain buying opportunity in the yellow metal, at existing levels.
Mcx Bullions Tips - Further, a weaker dollar also boosted the demand for Gold as an diffrent asset. Weaker greenback makes Gold cheaper for those belonging other currencies, thus bolstering needs.

However, better than await US labour market data which showed a slump in applications for jobless benefits to a four-decade low bolstered the case for the US Federal Reserve to start raising interest rates for the first time since 2006, in the coming months, dimming the yellow metal’s lure as a store of value, capping gains in Gold futures.

The bullion today may come under renewed selling pressure amidst worries over Fed rate tightening and caution ahead of key US economic data including new home sales for June and July manufacturing data.

MCX Bullions Tips - Yellow metal extends steep slide as on 23 July, 2015

MCX Bullions Tips - Gold futures increase a reduce in the domestic market on Wednesday as robust US housing data signaled the improving health of the world’s biggest economy, bolstering the case for the US Federal Reserve to begin a lift-off in interest rates for the first time since 2006, curbing the lure for the bullion as a store of value.

MCX Bullions Tips - Sales of existing homes in the US surged to the highest level in eight years, up by 3.2 per cent to a 5.49 million annual pace in June 2015.

Gains in the dollar also limited Gold’s demand as an alternative asset. hard greenback makes Gold more costly for those belongings other currencies, thus fade nrrds.

A rout in other commodities including metals and oil has signaled lower global inflation, dampening gold’s appeal as an inflation hedge.

Further, a return to calm at global financial markets with Grexit safely averted and China’s stock markets bouncing back after a rout earlier this month has hit the bullion’s safe haven lure.