. Q: There has been safe haven buying in case of gold as well you think there has much more to come or it seems like a stiff resistance at USD 830? A: If you ask me, there is very thin volume if you talk
In 2008, one could see overall weakness in base metal prices because of supply surplus is what the markets are expecting. After many years of deficits this is one year where there could see supplies in most of the metals. There is weak demand from China, Europe and US estimated.
on the higher side is how it has opened, so support continues into that commodity.GoldGold prices also have seen good gains this week, on Monday it was trading at USD 800-803/oz but USD 826/oz is the high gold
;With regards to gold he says the near term outlook remains positive and says at Religare Commodites they have put out a call to buy CMP Gold MCX which is around Rs 10,370/10gm for a target exceeding Rs 10
. Gold and SilverGood gains have been seen in gold and silver as well. Silver gained above USD 14/oz on Friday; it continues to be like that. Gold prices also have been keeping above USD 800/oz and quite
-term, he saw crude pushing towards the USD 100 per barrel region with a support at USD 84 per barrel.Commenting on gold, he said it was likely to remain in a range between USD 790 and USD 815 till the end
is a very strong support at this point in time. A slightly broader range ofcourse is between 89 and 93, it is where the markets could be trading. Gold prices are meandering around USD 800 - not too much
on the higher side is how MCX January contract has opened today.Gold prices saw good gains yesterday it has regained USD 800/once there. The range that we saw yesterday was between USD 791/ounce and USD 802/ounce