![MCX Gold to Trade Sideways: Support at Rs 50300 [29-Aug-2022]](https://goldsilverreports.com/wp-content/uploads/2021/03/jewellers-shop-14032021.webp)
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.
Crude Oil Price Retreats as OPEC+ Hints at supply Hikes
The price of crude oil declined slightly after the latest OPEC+ meeting. The leaders met during the weekend and agreed to gradually ease some of its production cuts between May and July.
Will copper prices go up in 2021? Q2 Top Trading Opportunities
Will copper prices go up in 2021? Copper Prices has witnessed phenomenal price appreciation since March 2020 when the pandemic surged, resulting in worldwide lockdowns. The metal has been supported by unprecedented monetary policy, ultra-low interest rates and more importantly, low or negative real yields.
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.