Gold Support : When a market like Gold puts in a move like it did earlier this summer – people have a tendency to remember. And not just remember, there may also be a general tendency to expect that to continue in a similar manner as it had in the past. It’s unfortunate for market participants but that’s simply not the case: Things change, sometimes very quickly, and this can lead many to chasing their tails by trying to trade yesterday’s trends.
Neal Bhai
Gold Prices Today Fall for Fourth Time in Five Days, Silver Rates Drop
Gold Prices Today : Gold and silver prices edged lower in Indian markets today. On MCX, gold futures slipped 0.4% to ₹51,140 per 10 gram – fourth fall in five days. Silver futures on MCX declined 0.75% to ₹67,982 per kg.
Gold prices fell to a near one-week low
Gold prices fell to a near one-week low, as a stronger US dollar and an uptick in risk appetite following better-than-expected economic data dented demand for the safe-haven metal.
Bullion Swings Between Loss and Profit, Silver Price Gains also
Bullion Swings Between Loss and Profit, Silver Price Gains also, Gold price rally fizzled after Comex futures climbed back above $2,000 an ounce, with the dollar erasing losses and a U.S. report adding to signs of a recovery in global manufacturing.
Friday Indicated levels for Gold Silver blasted – Neal Bhai Reports
Gold prices in India have corrected sharply from record highs hit earlier this month. In futures markets gold currently trades at ₹51,400 levels per 10 gram as compared to August 7 highs of ₹56,200.
Silver MCX 67500 To 73254 = 5754 Point Up
Gold MCX 51300 To 52100 = 800 Points Up