Indian economy is on the rise, so is gold, Indians love gold, i think Indian Rs. 30,000 / Indian Tola (Rs. 26,000 / 10 grams) is here to stay. (Please note that i am not an Economist nor am i a daily Trader, so my words hold no value, just a ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Gold at 1665 and Platinum at 1495 now !

XAU/USD & XAG/USD - Gold & Silver Traders Thread

whats your take on next week ? its going up or down ?

XAU/USD & XAG/USD - Gold & Silver Traders Thread

who is going to dominate in the future: (a)raise your left hand if you think its the US$ (b)raise your right hand if you think its gold. (c) raise both your hands if you think both. (d) raise both of your legs along with your hands if you are ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Thanks lilpip, i may get in as a daily trader, right now i intend to make this small investment for 2 - 3 months. And about $10,000 they are not for playing around, they mean a lot to me

XAU/USD & XAG/USD - Gold & Silver Traders Thread

In my opinion, the gap between gold and silver will keep on rising, until and unless they start using Silver for what it is meant for, Silver = Money. True form of money, no paper its Silver! When dollar fails taking other currencies with it, we may ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

i have the same feeling! this maybe a possibility too, lets see! but again, Indians are happily buying at Rupees 25,000 / 10 grams, in the real world, to make jewelry and to save, its not for trade. Keep in mind that India consumed 800 tonnes of ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

The machine is faulty -$10 from my side

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Thanks for the lesson 7bit Thanks for the explanation, im learning

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Its in the 1630s, not demand driven at the moment, but good support, it may drop but not too much, lets see

XAU/USD & XAG/USD - Gold & Silver Traders Thread

The support we have seen today is not speculative, it is real demand driven. Gold Low 1630 Gold High 1670 a very stable market today, lets see where it goes from here. (please note that i am not an expert, so my words hold no value, be careful)

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Thats nice, but i can't do that, my judgement in short periods is poor, learned it in the stocks

XAU/USD & XAG/USD - Gold & Silver Traders Thread

1.5 hours left in NY opening, lets see their mood, do not forget they dropped it to 1540 just 2 days back

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Thank you for your advise, i do not intend to trade on daily basis, that is why i do not feel the need to use demos, i want to buy and hold and then sell it when Indian season touches its peak, i see strong support for gold in the coming days, ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

I have no experience on demos

XAU/USD & XAG/USD - Gold & Silver Traders Thread

On top of that i see Indian Rupees 25,000 / 10 grams as a big psychological support. At $ 1635 / ounce, it is Indian Rs. 26,000 / 10 grams. (Please note that i am not an expert, so my words hold no value, these are just my own assumptions)

XAU/USD & XAG/USD - Gold & Silver Traders Thread

At the moment, Strong demand from India followed by China are keeping gold stable, on top of that we haven't seen at least the double of $1000 yet i.e $2000. Silver saw its triple at $50 from its $17 and then came back, on top of that there is very ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Lets see how long can they resist 1650 and 32.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Gold up 2% Silver up 6%

XAU/USD & XAG/USD - Gold & Silver Traders Thread

NY open and it looks like it is not as interested in buying as Asians are.

XAU/USD & XAG/USD - Gold & Silver Traders Thread