Gold Price Analysis: Gold built on its recent bounce from multi-month lows, around the $1,677-76 region & edged higher during the first part of the trading action on Tuesday. Bulls are looking to seize control above the $1,720 pivot.
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Gold Price Forecast & Analysis: $1750 to Cap The Upsider
Gold Price Forecast & Analysis: Gold is edging higher in Tuesday’s trading so far, benefiting from falling Treasury yields and tepid risk tone. Markets appear to have turned risk-averse, re-assessing their bets on faster US economic recovery amid a potential hike in tax rates while covid restrictions in Europe also dampen the mood.
Gold MCX Tips Today 01-04-2021 | Gold All Target Hit
Gold price (XAU/USD) advances during the North American session on Friday, up 0.64% as the US government shutdown extends, while risk aversion keeps US equity markets poised for weekly losses. At the time of writing, Bullion trades at $4,002 after bouncing off daily lows of $3,974.
Silver MCX Tips Today 01-04-2021 | Silver All Target Hit
The correction in Gold and Silver has continued at the start of the new trading week. The price of Gold lost more than 3% yesterday, slipping below the $4,000 per troy ounce mark for the first time in three weeks. Today, the price fell further to below $3,900, Commerzbank’s commodity analyst Carsten Fritsch notes.
Gold Prices Face Next Resistance key $1724 — Neal Bhai Reports
Gold prices (Yellow Metal) is struggling to extend its recovery momentum above $1700, as the US dollar clings onto the recent upside amid a cautious market mood. Gold, however, finds support from retreating US Treasury yields, as uncertainty around the passing of President Joe Biden’s $2 trillion infrastructure plan.