Gold Silver Live
Gold and Silver both precious metals showing up trend with little buy signals. Gold is on upside with 0.04% while silver also on green mode with +0.16%.
Gold, which has declined more than 30 percent since its peak of around USD 1900 in 2011, has fallen victim to a heavy bout of selling since April. The benign global inflationary environment has lessened the appeal of the metal as a hedge against rising prices. In addition, prospects for a scaling back of liquidity in the world`s largest economy, alongside a stronger US dollar, have also weighed on the precious metal. From now Gold can trade between the level of 26800 to 27900 for next 10-15 days.
Base metals also showing positive trend, base metal ling Copper trading with +2.35 Indian rupee.
We are here to give our opinion and market research on the basis of our technical and fundamental analysis. We provide daily commodity updates with Silver and Gold tips.