Gold price advanced to the highest in more than a week as gains in bond yields and the dollar abated.
Gold MCX Tips Today All Target Price Hit High 45974; What Next?
Gold MCX Tips Today: Gold yesterday settled up by 1.07% at 45418 as the dollar lost some ground and the yields on U.S. bonds dropped a bit. Data showing an increase in U.S. initial jobless claims also contributed gold’s uptick.
Crude Oil MCX Tips Today; All Target Price Hit 4462; What Next?
Crude Oil MCX Tips Today: Crude Oil yesterday settled up by 2.97% at 4514 on supported by news that the Organization of the Petroleum Exporting Countries and their allies, including Russia and Kazakhstan, have agreed to incremental increases in crude production for three months starting in May.
Gold Price Analysis: Gold Bullish Above $1720 Strong Support
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.