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.

Correction In Bullion

November, 30, 2011 ( 04 :30pm ) :- Gold looking down due to the settlement period on 4 Dec 2011 % major is the demand looking very low.
Indian wedding season going to be end at 10 December 2011 till 12 January 2011. The demand of jewelers to be declaimed little bit demand owners from USA & Europe on the Christmas season.
Silver also looking down due to the unexpected GDP decreases from their high's. Industrial & manufacturing still showing  reassign marks.
Imports also going down from BRIC countries.
We are looking more down side in Bullion.

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.

Initial Claims drags bullion prices

Unexpected  Initial claims data drags the gold silver prices. Intraday traders sold gold & silver in electronic trading by which silver droped 5% down.
But other Global investors bought 12,000 kg approx gold from the spot markets, by which bullion takes supports from dips.
Gold looking totally bullish for targets Rs 29000 in short term view with strong support at Rs 27960 levels