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