Friday, June 25, 2010

It's Big Deal For Commodities On Yuan Flexibility

China is One of  the Largest Consumer Of  Various Commodities Like Base metal : Copper, Zinc, Lead, Nickel, Aluminum &  Bullion : Gold & Silver.

A Flexible Yuan Can Help The Chinese Peoples  To Increase Their Standard Of  Living this May Lead To High Demand From Their Own People Of  Daily Necessities. Demand is also 
Totally Demand On The Flexibility  Of Yuan Against Dollar.
 
China is New Big Consumer Market Like India. After The 2008 Recession, This Was Biggest Hit For Chinese Exporters .So, Chinese Central Bank Decided  To Flexible Yuan . It is Expected That Demand For Dollar Related is Also Increase In China .

This Action Was Positive For Base metals & Bullions in Short, Medium & Long Term View . 


http://www.Bullionguru.com

What Next For Silver?

Silver Prices Moves Upside On Major Investment by Fund Manager  in Silver. Silver price Moves Strongly in Upside on the Strong Manufacturing Demand in Euro - Zone & U.S.A.
In U.S.A & Euro - zone Strong Physical Demand Supports Silver Price In Comex & MCX. We Also Saw That Silver Follows The Gold Trend. Gold Continuously Breaking Daily New Highs In Comex & Silver Also Follows Them.
We Fore - See Silver In Comex Upton $ 19.40 - 19.60. If Holds $ 18.80 Then Silver Moves To Downside & Hits $ 18.20 - 17.60.
We Fore - See Silver Price In 30,100 - 30,260 If Silver Holds Rs 29,600 in MCX .   If Holds  Rs 29600 Levels Then We Fore See Silver at Rs 28800 - 27600 in MCX.

http://www.Bullionguru.com

Gold Hits Year Highs !!

Nowadays, Gold Moving Daily on the Basis of Technical. Hedge Funds & Gold Funds Supports the Gold Prices in Lower Levels on Comex. Due to the European Financial Crises, ECB Holds there Interest Rate at Low for a Extended Period & Federal reserve Bank May be Do Same.
Large Demand of ETF'S Shares in U.S / Singapore / Dubai / U.K &  India May Lead to Maintain  the Gold Demand In India  in the Form Of Paper Gold or Gold Shares, We See Good Daily Volumes in Benchmark Gold ETF [ GOLD BEES].
GOLD BEES Trading At Rs 1841 In Indian stock Exchanges, It Is Looking To hit 1880 - 1900 in short Run. If Spot Gold Breaks New Years On Comex.
We Fore-see Gold Price In Comex at $ 1250-1280 Levels. If Gold Trades $ 1242

http://www.Bullionguru.com

What's Next For EURO/USD ?

We Saw Sharp Recovery in EURO/USD From 1.1916 To 1.2150 After ECB Meeting. Before Making this Recovery Euro/Usd hits 1.1876.But the Problem not Ends here Gold Funds Physical Gold Holdings Continuing Rises Days By Day. Investors & Traders Hedged Their Position In Gold Against Euro/Usd for Safeguarding Their Money.  The Latest Support Comes From The ECB President Jean- Claude Trichet, Who Said on Thursday That The Central Bank Would Maintain Its Monetary Policy. That Includes Continuing to Offering 3 Months Emergency Loans to Bank Until September.
We Fore See EURO/USD  If it Maintains Their Support of 1.1980 Then We Expects Again Sharp Recovery From Upton 1.2280-1.2400 In Next Week.

http://www.Bullionguru.com

Monday, May 24, 2010

BUY SREI INFRASTRUCTURE LTD TGT 120

  As Per Govt. Invest More Money In Infrastructure To Achieve the 10 % GDP. SREI Posting Strong Quarterly Results & Govt. Also Planning To Give Permission To Private Companies To Issue Infrastructure Bond. That's Very Much Positive For This company. Buy SREI Infra at 70 - 75 tgt 100 - 120.

Gold Prices at Lifetime High, Retails Surges To Zero

Gold Prices trading at Lifetime High In Whole Currencies Pack Except One Or Two Currencies.  But Retails Sales Of Gold & Silver Jewellery Going To At Very Minimum Or May Be Zero If We Compare To All Past Year Sales. Buyers are Interested to Sell In place To Buy Gold On Akshaya Tritiya due to higher return on investment.
 Gold Prices Trading At $ 1240 Levels & In Mcx It Trades Around Rs 18120. But Strong Funds Demand In Gold , Silver, Platinum & Palladium Supporting Prices At Higher Levels.
Many Middle Class Families Using Artificial Gold Jewellery In Parties In Place Of Gold Jewellery, There was a Robust Growth In Artificial Gold Jewellery Business. They Keep On Rising Due To Higher Bullion Prices Day By Day.
We For See Gold Prices On Comex at $ 1260 - 1280 , If They Holds $ 1182 Levels.
We For See Silver Prices On Comex at $ 20.08 - 20.40 , If They Holds $ 18.80 Levels.
We For See Crude Oil Prices On Comex at $ 76 - 78 , If They Holds $ 68.      

Gold & Silver Sinks Due To Technical Selling

 Gold Fells Due To Technical Selling On Upper Levels in Comex, But Prices in MCX Still Above Rs 18000 mark.
But Prices Of  Mcx Silver In Continuously Fells As Like The Comex Silver From Rs 30120 to Rs 28440. Silver Funds are /still Buying Silver Due to Economic Debt Crisis Rises In Whole Europe.
But Gold Settlement Period Near At 5 June. due To Higher Prices In Mcx or Comex. Small are not much Interested in Buying Physical  Gold In India.
If Gold Breaks $ 1160 mark Then We For See Gold Prices at $ 1144 - 1120 In Comex & Rs 17700 - 17440 In MCX
If Silver Breaks $ 17.60 mark Then We For See Gold Prices at $ 17 - 16.40 In Comex & Rs 27500 - 26800 In MCX
                              

Sunday, April 11, 2010

Gold & Silver Prices Surges Upton Year High

Large Surge In Gold & Silver Prices This Week, Bullion : Gold & Silver  Breaks Their Resistance Level Like Gold Breaks $ 1144 & Silver Breaks Their Resistance Level Of $ 18.12.

Before The Interest Meet Result Of Bank Of England & European Central Bank , Various Gold Funds Mangers Interested  In Buying gold For Safe Heaven Until The Greece Matter Not Over.

Greece Needs Around  20 - 25 Billion Euro To Cover Their Financial Deficit & Greece Also Took Many Steps To Cover Or Decreasing their Financial Deficit By Imposing More taxes.

On The Latest Issues Like Greece Bail Out, US-Russia Partnership On Decreasing their Nuclear Weapon & both Countries Warned Iran To Stop their Nuclear Program  Are Giving More Interest In Gold & Silver As Investment.

If Gold Able To Trade Above $ 1162 , Then We Look Prices to hit $ 1176 - 1190 Till All Tension Over & If Silver Able to trade Above $ 18.12 In Comex Then We For See Silver Prices at $ 18.60 - 18.84.

Unless Prices Moves In A Range Of $ 1120 - 1160 For Gold & for Silver it Moves In Range Of  $ 17.40 - 18.12.

www.Bullionguru.com

Monday, March 15, 2010

Gold & Silver Prices Falls Due To Technical Selling

Gold Prices Face Technically Selling Pressure Under $ 1140 & $ 1120 in Comex & Rs 17000 in Mcx Due To Hedging Made By The Bullion Importers & Jewellers Due To Lower Consumer Demand From Year -to - Year.

According to Recent Datas "Physical delivery of gold in settlement of contracts, a key indicator of genuine hedging, rose to 2.7 tonnes in February, compared with 0.348 tonnes a year ago, data from the MCX, India's largest commodity exchange for bullion, showed".

But Gold Holds Their Support Level At $  1097 to $ 1102. Trend Looking Still Support For Gold for Upside But Pressurize Due To Selling by Hedgers . Gold Prices Unable To Sustain Above $ 1140 Levels Or Above Rs 17000 in Mcx.

If Gold Breaks Their Support Of $ 1097 then We For See Gold Prices Up to $ 1080 - 1064 - 1042 & For Silver If It Breaks $ 16.96 then We For See Prices $16.60 - 16.30 - 15.90  in short term & Unless Over All Trends still Supportive & Bullish.

But In India, Indian Meteorological Department Expects a Better Rainfall In This Monsoon. If Monsoon Gives Better & Good Rainfall Then they also gives Support For Gold & Silver Prices For Upside Trend.http://www.bullionguru.com/goldsilvertrends.html

Sunday, March 7, 2010

Gold Bonding Wire Versus Copper Bonding

Semiconductor Industry Consumes Around 137 Tonne Gold In a Year in Gold Bonding For Semiconductor Packaging.
 
Due to Recent Rise In Prices Of Gold From $ 750 To $ 1150 , the Total Cost Of  Wire Suppliers Increases That's Why , Many Of the suppliers Used Copper Bonding To Decrease their Total Cost. There was Recent rise In Copper Wire Shipments From Various wire Suppliers to the Semiconductor Industry Will Reach Approximately 5.8% of Total Shipments (in meters), up from just 1.6% of the Shipments Reported in 2007.  
 Many Wire Suppliers Also Agreed That Copper Wire Bonding  is  Lack Reliable From Gold Bonding For Semiconductors.
 
Copper Wire Bonding also Creating A Little Threat To Gold Industry.

BULLIONGURU.COM,

Bullionguru.com: BUY LANCO INDUSTRIES TGT RS 96

Bullionguru.com: BUY LANCO INDUSTRIES TGT RS 96

BUY LANCO INDUSTRIES TGT RS 96

Lanco Industries Posted very Strong Quarterly Results. Lanco Industries Showing Support Zone 57 - 62 Zone . Anyone Can Buy This Stock In this Support Zone & Lanco Industries Business Prosperous Quarter by Quarter . Our Target For Lanco Industries Rs 80 - 90 - 96 ( 4 March 2010 )

Saturday, February 20, 2010

COPPER GAINING DEMAND CONFIDENCE

 Fed Raises Discount Rate By 0.75 % On 18 Feb Signaling end Of New Stimulus Measures, this Action Show A Smooth Recovery In Economy From Recession, By Which  Industrial Demand Is Going To Peak In  Next few Years.

Copper Witnessed A Fresh Positions build Up In Long side In all Global exchanges. Copper Demand Is On Rising Month By Month. Many Developed & Developing countries Begins To Increase Their Exports & Imports , Demand In Mining sector Is On Peak In India. Continuous Rising Growth Seen At This sector. Auto Industry Showed Biggest Recovery Since Recession. Demand Of Copper Made Products Rising 7 - 10 %  Till 2012.

From Last Many Stimulus Packages Helps Copper Price To Recover From Rs 138 To Rs 340 In MCX. But LME Inventories Is On Near 5 Year Highs. Copper Funds Increasing Their Holdings On Increasing Demand Out Look & Also Increasing Their Price Outlook.

Copper Looking To hit $ 4.20 - 6.00 lb till 2012 - 2013.

 In MCX Our Copper Price Target Of Rs 380 - 400 - 440 In 2010. I Expects It Will Trades In Range Of Rs 250 - 440 In 2010. 

Saturday, January 30, 2010

Technical Analysis On Gold For FEB

Gold charts Showing Weakness Under $ 1100, Its Hovering Around $ 1090 From Last 15 Days. But Now Gold charts Showing Weakness Under $ 1090. This type Volatility Continues Till 5  Feb Settlement. Various Fund Manager Also Waiting The Obama Policy On Banking . According CFTC Data , Many Commercials & Non - Commercial Traders Cover Their Long Positions In Comex.

The New Word " Gold Bubble " comes Into Focus In World Markets.

Gold Trend For Feb Depend On Levels, If Gold Not Able To Cross Under $ 1104 Then Trend Bearish  My Target $ 1082 - 1076 - 1062 - 1044 - 1032.
Above $ 1104 Levels Gold Trend Very strong My Target $ 1117 - 1138 - 1156. Gold Funds Managers Or Etf's Head Are Analyzing The Economic Situation but All Economic Factors Are In Favor For Booming Economy.

Bullionguru.com( India No.1 Web for free Bullion, Stocks , Crude , Nifty & Currencies Trends)

Friday, January 15, 2010

Predictions For 2010 By Bullionguru

Gold : Gold Prices Looking Positive In First Two Quarter Of  2010 Because Interest Rates Remains Low Till First Half Of Year 2010.Second Half Of 2010 Must Very Volatile We For See Strong Recovery In Dollar Index In 2010, Gold Could Make New High OF $ 1350 Oz in 2010 ,  If It Breaks $ 1240 oz in 2010 Or If It Breaks $ 960 Level Then Gold Trend Shifted To Down side For A Target Of $ 850 - 820. Unless It Is In Range Of $ 820 - $ 1250 Oz.
Silver Silver Prices Looking Positive In First Two Quarter Of 2010 Same As Gold. Silver Looking To Hit $ 20 - 21.30 - 22  in Upside Or If Silver Breaks $ 16.60 Then It Could Hits $ 14.80  - 12.60.
Copper : Copper Trend Looking Bullish In 2010 Rising Global Manufacturing Data + Industrial Production + Global GDP + Increase In Exports & Imports . Copper Prices Keep In To Rising Trend Copper will Hits Rs 400 - 440 Levels in Mcx. If It Crosses Rs 368 levels. Unless Remain In Range Of  Rs  260 - 400 Range.
Crude OilCrude Oil Trend Also Bullish In 2010 Because Iran Going To Make Atomic Bomb , Global Economic Recovery & Some International Political Tension . Crude Looking To Hit $ 100 & Above this Level In 2010 . Range Of Crude Oil $ 60 - 105 in 2010.
Nifty : Nifty Looking Very Positive In 2010. Nifty Will  hit At 6000 & Above 6000 in 2010. Range Of  Nifty Around 4000 - 6400 in  2010. There Will Be Sharp Corrections In 2010 Due To Rising Interest Rates But Recovery Would Very Strong.
GBP/USD : GBP Looking Bullish Against Dollar In 2010. Target For 2010  is  2.0000. As Increasing  Housing Demand & Robust Industrial Production Helps GBP/USD TO Make New Year Highs.
EURO/USD : EURO Looking not much Bullish Against Dollar In 2010. Target For 2010  is  1.8000. This is Possible If EURO/USD Crosses 1.6060 Level In Foreign Exchange Market.
 USD/JPY : Yen Looking Positive In 2010 Due to Stimulus Package by Japanese Government. Japanese Economy Recovers From Recession Second Half Of 2010 Should Be Crucial Two Japan's Economy . USD/JPY Looking To Hit 98 - 104 - 110 in 2010. Yen  Trades 80 - 110 Range in  2010.