Bullion Dropped After The Claims Rebound

December, 9, 2011 (01:30pm) :- Gold & Silver are faced to be highest selling pressure by the investors and by the daily traders after the release of initial claim data.
Initial claims are least at 3,81,000 as comparing from the last 9 month data's.
Gold & Silver trend totally negative side because Gold breaks their important support at $ 1728 which is also broke yesterday.
Under $ 1728 Gold trend totally down for Short term.
Silver have support at $ 32, which is already broke yesterday & also strong resistance at $ 32.60.
On Wednesday we saw that Big investors sold around 3500 Kg approx Gold & bought 30,000 Kg Silver.

Upcoming Event : BOE & ECB Interest Rat Decision

December, 3, 2011 ( 02:30pm ) :-  In the second week of December very important meeting going to be hold on 8 December 2011.
All Global Investors must eyes on the GDP data of European Region On 6 December 2011.
The preliminary GDP is looking same as previous 0.20%.www.bullionguru.com Gold % Silver will provides large momentum on the releasing time in the late European recession.
Gold & Silver will provides large momentum next week & stock markets of India & other countries must be corrected.
On 8th December, European central bank president Mario draghi will announces the more steps are going to be taken by their bank to infuse the growth of all European nation.

Nickel Inventory Levels Increases

November, 25, 2011 (01:40pm) :-  After 17 November, we inventory level of Nickel continue on rise due to lack of demand & the Chinese slow down due to the high inflection rate.
Surge in the inventory level providing downside slope in the technical charts in nickel.
Inventory levels recovered from the low of 83,320 tone to 86,286 tone in hand on market exchange.
MCX Nickel monthly future settlement next week. The prices of Nickel looking Continuously week or may be range of 870 - 940.
New demand occurs after the Christmas.
We expects that Nickel prices could be in of Rs 800 - Rs 1040 levels hill Feb. 2012 expiry.

Investors Lost Faith In Silver

November, 24, 2011 (03:00pm) :-  Due to the Christmas season a head many investors selling their paper units holding Silver due to the widening Finance crisis in Europe, Asia & USA.
Manufacturing & Industrial demand keep weak due to the lower demand & high inflation rate unable the consumer to buy more goods & services in their Accounts.
On November 23rd 2011,  Unexpected data of industrial orders from the Euro - Zone also disappointed the investors.
Big investors & funds manager diverting their money from stock & Silver to Gold.
Gold still a safe heaven for big & potential investors.

Investors Lost Faith In Silver

November, 24, 2011 (03:00pm) :-  Due to the Christmas season a head many investors selling their paper units holding Silver due to the widening Finance crisis in Europe, Asia & USA.
Manufacturing & Industrial demand keep weak due to the lower demand & high inflation rate unable the consumer to buy more goods & services in their Accounts.
On November 23rd 2011,  Unexpected data of industrial orders from the Euro - Zone also disappointed the investors.
Big investors & funds manager diverting their money from stock & Silver to Gold.
Gold still a safe heaven for big & potential investors.

More Correction In Bullion

November, 23, 2011 (03:00pm) :- Gold & Silver prices in electronic platform moving so much, volatility again increases but in technical charts, Gold & Silver prices may be more corrected till next 2 days.
If Gold breaks $ 1690 today, then Gold Short term target $ 1672 - 1654.
If Silver breaks % 32 & then $ 31.50 then Silver trend totally bearish side.
In MCX Silver have strong support at Rs 54,800 above this level its trend bullish & under totally bearish.
But oversell trend for short term is bullish, Buy on dips recommended for Gold & Silver.

Gold Looking Bullish For Short term

November, 21, 2011 (02:00pm) :-  Bullion looking bullish due to the heavy bets on the buy side.

Big investors is not able to seek long term solution of financial crisis from USA & European.
Initial claims last week dates provides some support to the economy but the European crisis not looking to end near term.
Gold have important support at Rs 27,960 above trend totally bullish for target Rs 29,000 - 29,400 for short term view.

Investors more bullish on Gold

November, 11, 2011 ( 03:00pm) :- Safe heaven investors bullish on Gold due to the crisis in whole European.
Another thing is that European crisis not looking to end in shortly because two Prime minister from Italy &b Greece already lost their majority.
Investors & funds managers keep buying Gold & Silver due to the safe heaven investment.
Gold trend totally above Rs 28,560 for short term view.
Silver trend also bullish above Rs 55,560 for short term trend totally bullish above this level.

Bullion Vaults Out Of Space

September, 21, 2011 ( 01:30pm) :-  Huge demand of Gold after the successful really from 2001 to 2011. this decade Gold & Silver provides huge profitable dally.
Due to the European crisis not looking to end for next 1 - 3 year. European investors invested the money in Gold & silver by which storage place is more required.
 Money banks starting expensing on of their values & also planning to set up new unit of vault which is help the investors to more metals with out risk.
Every vault is Manufactured with metric tonne steel gates for the storage & safety purposes.

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

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,

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 Oil :  Crude 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.

COPPER HOVERING AROUND Rs 320

om Last Few Months Copper Hovering Around Rs 310 mark. LME Inventories of Copper Rising Month To Month Due To Lower Demand In China.

Unemployment Rate In U.S. at 26 years High & They Also Provides Negative Trend To Base metals. Some Supports To Copper Prices Given By Improving Existing & New Home Sales In U.S.

Copper Charts Looking Weak Resistance Seen At Rs 317 - 328 & Supports Seen At Rs 278 - 282 range.

But For Next Two Months Copper Looking To Trade In Range Of Rs 260 - 340

Bullionguru.com