MCX Gold Trading Tips For Today: The dollar index wasset forits biggest weekly drop since March 2020, lifting demand forthe greenback-priced bullion among buyers holding other currencies.
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Gold Rate Today: Gold Prices, Resistance for gold at Rs 48,945
Gold Rate Today: Gold was trading flat in the international market on December 17 amid weakness in the dollar index and rising unemployment claims in the US.
Nifty Technical Report: Sand Near At 17,400 – Neal Bhai Reports
![Buy Nifty Above 15500, Target Price 16000—16200 [Buy on Dips]](https://goldsilverreports.com/wp-content/uploads/2018/04/nifty-50-stock-of-the-nationx11s@goldsilverreports-GSR.jpg)
Nifty Technical Report: After quite some time…two successive losing weeks. The bulls are missing a beat here. As far as intra-week trends go, it was a bit binary – the initial few days a mild attempt to rally and then a surrender on Thursday that saw no recovery on Friday. Not exactly a week of inspiring action for the bulls among us. This is how it panned out across the week.
Gold Extends Gains After Powell Stressed on Inflation Pressures
Gold Extends Gains: Federal Reserve Chair, Jerome Powell, sounded a note of heightened concern over persistently high inflation as he emphasized that the central bank would begin tapering its bond purchases shortly while remaining patient on raising interest rates.
Gold Ready to Break The Bearish Trend | Gold Silver Reports
Gold rose for the fifth consecutive trading session, coming close to testing a critical technical and psychological level near $1800. The bears are in no hurry to give up, foiling attempts by Gold and other precious metals to accelerate their growth. Also worth considering are headwinds such as a global monetary policy reversal.