Gold Up on Short Covering

Gold Up on Short Covering

Gold Silver Reports — Gold on MCX settled up 0.83% at 29262 as the dollar gave back some of its recent gains, but caution ahead of the Federal Reserve policy meeting later this week curbed its advance.

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Nickel Intraday Trading Level 618-580

Gold Silver Reports — Nickel prices ended flat as LME nickel ended unchanged at $9,100 a tonne after moving as high during the day to $9,360 a tonne as market sentiment turned more upbeat despite persistent oversupply.

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Gold Melt on Strong U.S. Jobs Data

Gold Silver Reports — Gold fell more than 1 percent on Friday after U.S. March payrolls data beat expectations, allaying some fears about the U.S. economy and stoking speculation about the timing of likely interest rate hikes by the Federal Reserve this year.

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