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
Monday, May 24, 2010
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
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
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
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,
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.
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.
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