Gold support and resistance Key for today: Gold prices pulled back nearly $20 from 7-week highs of $1790 on Wednesday, finishing the day slightly in the red. The rebound in the US Treasury yields triggered the correction in the metal. Bear cross on 1H chart and RSI below 50.00 point to the downside.
Gold Prices Today Slip, After Kissing 2-month high, Silver Rates Rise
Gold Prices Today: Gold prices in India slipped today amid softer global rates. On MCX gold futures were marginally lower at ₹47,380 per 10 gram while silver futures edged 0.45% higher to ₹68,635 per kg. In the previous session, gold had hit a two-month high when it rose to ₹47,850 per 10 gram.
MCX Silver Price Target; Enjoy or Not High 68104 – Neal Bhai Reports
MCX Silver Price Target: Silver yesterday settled up by 0.21% at 68684 as retreating U.S. Treasury yields and a softer dollar bolstered the metal’s appeal.
MCX Weekly Research Report, 19 To 24 April 2021
Commodities MCX Weekly Research Report, 19 To 24 April 2021, Weekly, Monthly MCX Live Research Reports Released by Neal Bhai Experts Research Teams. Subscribe Us For Energy, Bullion Commodities and Latest Market Report & Updates Commodity Market Weekly Trend, Technical & Fundamental report.
Asia Shares Track U.S. Rally; Yields Dip, Yen Up | Gold Silver Reports
Asian shares climbed and U.S. equity futures pared a drop Monday as the global economic recovery and corporate earnings prospects bolstered sentiment despite rising Covid-19 infections.