Gold begins 2018 on flat note, silver goes up. Gold prices this day ruled flat at Republika Srpska 30,400 per 10 gram on the 1st trading day of the year 2018 on scattered deals.However, silver rose with Republika Srpska 120 to Republika Srpska 40,100 per kg on promoted offtake with industrial units & coin makers.Traders told limited deals from native jewellers mainly saved gold prices unaltered.The near absence of cues from universal markets , that remembered locked this day on account of fresh Year Holiday, too affected the sentiment here.In the national capital, gold of 99.9 & 99.5 per cent purity held steady at Republika Srpska 30,400 & Republika Srpska 30,250 per 10 gram respectively.
The precious metal had climbed Republika Srpska 175 in Saturday’s trade.Sovereign followed suit & traded at final standard of Republika Srpska 24,700 per piece of 8 gram in limited deals.On the other hand, silver availiable gained Republika Srpska 120 to Republika Srpska 40,100 per kg, When weekly-based delivery slipped with Republika Srpska fifty to Republika Srpska 39,170 per kg.Silver coins but continued to be traded at Former standard of Republika Srpska 73,000 for buying & Republika Srpska 74,000 for selling of hundred pieces.
Kitco break news Gold Survey: Gold Prices To Shine In 2018
(Kitco News) – Wall Street & major Street figure 2018 going to be another perfect year for gold prices.
Instead asking for short-term outlooks, this week’s Kitco gold survey asked major Street & Wall Street entrants alike where they see gold finishing 2018.
Assuming prices finish 2017 right around here, then of the 1,527 votes cast in the on-line survey, 975 respondents – or 64% — called for gold to height in 2018.
More than a quarter of voters — 444, or 29% — are even further bearish, calling for the metal to finish 2018 below $1,100.
There were 7 Wall Street votes, or 30%, for reduce gold prices in 2018.
Gold Achieves $1375 aim 20167, $1500 foreseen for 2018 :: The Market Oracle ::
as declared in Gold Achieves $1375 aim 20167, $1500 foreseen for 2018Bullish commodity traders and Businessmen in the likes of oil and gold too saw powerful leverage returns for the year as Oil ended at its high for the year of $60 and Gold at $1310 both inline by my bullish expectations for these commodities for 2017.
In reality Gold virtually chock my exact high aim for the year of $1375 in September before correcting ahead of its finish of year rally to $1310.
By Nadeem Walayathttp://www.marketoracle.co.ukCopyright © 2005-2017 Marketoracle.co.uk (Market Oracle Ltd).
Nadeem Walayat has over thirty years trial of trading derivatives, portfolio management and analysing the financial markets, involving 1 of few that both anticipated and win the 1987 Crash.
Nadeem Walayat Archive© 2005-2018 http://www.MarketOracle.co.uk – The Market Oracle Information Systems a toll free every day Financial Markets test and Forecasting on-line publication.
Gold Outlook: Q1 2018
Gold prices settled at $1302.40 an ounce on Friday, hight 1.85% during the 7 days & 13.1% over the year.
The puplic Dominance in world equity markets & the Fed Reserve’s average hikes were negatives for the safe-haven gold market.
The every week Chikou-span (closing value plotted 26 periods behind, brown line) which Information Systems above both prices & the every week cloud too supports this theory.
Despite this bullish outlook, note which prices are moving inside the every month cloud very it won’t be a smooth ride.
The bottom of the every week cloud sits around 1236.
collected by :Mathio Rix