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GOLD AND SILVER PRICES ON RISE : RSBL

Precious metals price rise is eminent and it ended the week on a positive note post poor US data released. The negative data sent the dollar tumbling, stimulating a good recovery for the yellow metal and its white counterparts. Data released from the US was as follows: GDP data out of the U.S...

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GOLD PRICES TO GO UP : RSBL

While financial uncertainties were influencing gold prices, we have lately seen geo political uncertainties giving the yellow metal’s safe haven appeal a further support if not permanent a temporary one.  The failed military coup in Turkey did manage to shake the markets. Spot gold prices...

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BULLISH DIRECTION OF GOLD AND SILVER PRICES : RSBL

Gold has once again proved its worth and claims to be the best performing asset of 2016, emerging from a three-year bear market. The yellow metal has gained almost 26% since 1 January, the best half-year performance since 1980, Bloomberg data showed. Silver, following gold, rose 30% in the first...

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SHARP INCREASE IN SILVER PRICES : RSBL

On announcement of BREXIT, the markets panicked and this was reflected in the movements of gold prices. Initially gold prices soared and were at fresh highs of past few years. Once markets settled, gold did see some correction but then there were signs of a modest pick-up in risk appetite...

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UK DEPARTS, GOLD PRICES SHINE

  The most talked about and the most awaited trend changer of the year after the FED rate hike is finally out: UK has exited EURO after 43 years and BREXIT has been implemented. UK themselves have got divided during the results of the referendum where England and Wales voting strongly for...

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BREXIT – UNITY OF EUROPE CHALLENGED

  Clearly FED dominated first quarter of 2016 with respect to price movements in precious metals market and specially Gold. Moving here, there are lot of key events that could be considered game changing for Gold and Silver prices. The June FOMC left the borrowing rates target unchanged...

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GOLD PRICES RISE : RSBL

Just when Gold was raising questions on its recent rally, last week’s labour report proved to be a saviour for the yellow metal. Gold prices traded sharply higher in Friday thus giving a technically bullish weekly high close to gold. In May, the US non-farm workforce grew up only 38,000, missing...

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INTEREST RATE HIKE SPOILING GOLD PRICE RISE :RSBL

  Just when gold had started entering in to the good books of majority of the market players, it once again started losing its appeal. Gold has started trending differently from the beginning of May. Along with platinum, palladium and silver, it is heading for the biggest monthly loss since...

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CONSOLIDATION IN GOLD & SILVER PRICES : RSBL

  So far this year has been positive for gold compared to the past couple of years. Reasons behind this are the current market uncertainty and unconventional monetary policies that have continued to support the prices of Gold along with central banks and ETF’s demand for gold has given a...

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