MCX Gold Trading Tips – Best Buy Zone 31355—31244 Level. The dollar was up almost 2 percent against the yen on speculation the Bank of Japan was considering applying negative rates to its lending programme for financialinstitutions, effectively starting to pay banks to borrow its cash.
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Spot Gold Price $1278 Slip on Weak Market Demand | Gold Silver Reports
Gold prices fell by Rs. 55 to Rs. 32,945 per 10 grams at the bullion market on Tuesday due to tepid demand from jewellers, reported news agency, the All India Sarafa Association.
Gold, Silver Tumble On Heavy Volume As Dollar Explodes Higher
Gold, Silver Tumble On Heavy Volume As Dollar Explodes Higher — Gold futures suddenly took a turn for the worse this morning as ‘someone’ once again decided that 0830ET was the perfect time to puke over $1.5 billion notional of the precious metal into the market.
Gold Intraday Trading Zone 31950—32333
Gold prices traded in range as the dollar eased on weak U.S. economic data. The US dollar declined as recent strong economic data eased concerns about the global economy, prompting investors to reduce safe-haven positions in the greenback.