In global markets, gold prices on Friday jumped 1.6% to $1,646.20 an ounce as coronavirus concerns increased the safe-haven appeal of gold. Though China reported an uptick in new cases of coronavirus today, the rise in infections remained at its slowest pace since January.
Commodity News
Commodity News – Real-time Accurate MCX Commodity Market News and forecast for today. Best commodity market online tips through whatsapp and telegram by Neal Bhai.
Gold futures prices finish higher as renewed coronavirus fears buoy haven assets
Gold futures prices – Precious metals prices are also benefiting from a slide in rates of government bonds, which have drawn bids due to the reignited fears of the viral illness emanating from China and its potential to hurt global economic growth.
Gold eases as equities edge up, virus concerns cap losses
Spot gold was down 0.1 per cent at $1,574.69 per ounce as of 0427 GMT, having touched its highest since Feb. 4 at $1,577.89 earlier in the session.
Commodity Market Live Update: सोने की कीमतों पर दबाव
Commodity Market Live Update – सोने की कीमतों पर आज दबाव देखने को मिल रहा है। हालांकि, कोरोना वायरस को लेकर चिंता से सोने के दाम लगातार 40 हजार के ऊपर बने हुए हैं। कोरोना वायरस के कारण चीन में मरने वालों की संख्या 1 हजार के करीब पहुंच गई है
Gold prices today fall for second day, silver rates decline
Gold prices today – Gold is likely to see some selling pressure at higher levels, says SMC Global. Gold can dip lower towards ₹40,200 while facing resistance near ₹40,600 while silver can dip towards ₹45,500 while taking resistance near ₹46,000, the brokerage said in a note.