Probis Securities: Trading In Gold Had Bullish Start | Commodity Champions

"Precious metals have come under significant pressure. The international gold and silver prices hit their lowest level in 12 months. In fact the silver prices have declined for the seventh straight week in a row. It is not good news for platinum group metals (PGMs) as well. The platinum prices continue to decline and are trading at a discount to the gold prices in the global markets. It is also trading at the lowest level in last 10 years. Some of the key reasons the precious metals continue to decline and remain under pressure are tensions over global trade war that have eased and the premium that the precious metals saw going off. Also there has been a positive conversation between the United States and the European Union where they could be coming to an agreement as far as the trading concerns which has not been favourable." CNBC-TV18 is India's No.1 Business medium and the undisputed leader in business news. The channel's benchmark coverage extends from corporate news, financial markets coverage, expert perspective on investing and management to industry verticals and beyond. CNBC-TV18 has been constantly innovating with new genres of programming that helps make business more relevant to different constituencies across India. India's most able business audience consumes CNBC-TV18 for their information & investing needs. This audience is highly diversified at one level comprising of key groups such as business leaders, professionals, retail investors, brokers and traders, intermediaries, self-employed professionals, High Net Worth individuals, students and even homemakers but shares a distinct commonality in terms of their spirit of enterprise. Subscribe to our Channel: https://goo.gl/hKwgtm Like us on Facebook:   / cnbctv18india   Follow us on Twitter:   / cnbctv18news   Website: http://www.moneycontrol.com/cnbctv18/