By Staff, JCK India, 09/16/2008
Precious metals markets were under pressure after Lehman Brothers filed for Chapter 11 bankruptcy said a Standard Bank report on Tuesday.
>>Read MoreBy Staff, JCK India,08/19/2008
Precious metals sentiment was on the back foot throughout the European and New York sessions following some fund buying support in Asia said a report by Standard Bank on Tuesday.
>>Read MoreBy Shveta Sharma, JCK India,08/12/2008
Gold lost its glitter on Tuesday as dollar gained strength against euro and crude oil prices continued to slump. Gold prices have dipped about 22% from its all-time high of $1,032.70/oz it made on 17 March this year.
>>Read MoreBy Staff, JCK India,08/06/2008
Gold’s recent bullish break out of the near-term consolidation phase has not been sustained hence it can have negative implications said a report by Standard Bank.
>>Read MoreBy Staff, JCK India,08/02/2008
The yellow metal’s recent bullish break out of the near-term consolidation phase has not been sustained and hence it can have negative implications said a technical report by Standard Bank.
>>Read MoreBy Staff, JCK India,08/02/2008
Platinum’s last week’s break below $1,850/oz negated the preferred positive near-term view, and the downside follow through below $1,750/oz has also reversed the bullish short-term outlook,” said a report by Standard Bank.
>>Read MoreBy Staff, JCK India,08/02/2008
Silver’s support area has remained intact in the range of $16.30/oz to $15.97/oz said a report by Standard Bank on Friday.
>>Read MoreBy Staff, JCK India,08/02/2008
The bear trend prevails in Palladium, but oversold technical indicators may restrict further direct weakness to $350/oz said Standard Bank Head of Technical Analysis Darran Grabham.
>>Read MoreBy Shveta Sharma, JCK India,07/31/2008
Silver shadowed gold but climbed a steeper incline when the yellow metal pushed higher in New York-settling at $17.42 at the New York close,” said Standard Bank analyst Manqoba Madinane.
>>Read MoreBy Shveta Sharma, JCK India,07/30/2008
Weak crude oil prices and strengthening dollar contributed to the fall in gold prices on Wednesday.
>>Read More