Commodity Trade Mantra

Posts Tagged ‘Jewelry Demand’

Gold Prices to soon test Overhead Resistance for a Massive Breakout Beyond

Gold’s current trading range remains between $1,150 and $1,350. In the next 6-12 months, gold prices will be testing that overhead resistance around $1,350 area. If the resistance breaks, then gold prices could see a quick move up. That might well be enough to attract speculative money back into gold that has been absent since 2011-12.

What Happens When You Tell Indians to Stop Buying Gold

Even with the Indian government recently raising its import tax for Gold to 10%, Indians will continue indulging in gold, even if they have to smuggle it in – Like gold, the Love Trade doesn’t tarnish; it holds its luster

Gold and Silver Demand

Gold Prices ended lower after small directionless swings amid market uncertainty & on some chart consolidation and a corrective pullback from […]

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