Gold Weekly Forecast (Bullion): There won’t be any significant macroeconomic data releases at the start of the week but several members of the FOMC, including Chairman Powell, will be delivering speeches on Monday and later in the week.
Gold prices in India: Will gold prices fall in India? | Gold Silver Reports
Gold prices in India struggled in a range during the week though on a weekly basis the precious metal posted slight gains. On MCX, gold futures settled flat at ₹45,008 per 10 gram on Friday. On a weekly basis, gold was up ₹250 per 10 gram. Silver futures on MCX settled at ₹67,453 per kg. Physical gold demand in India was however subdued this week, news agency Reuters reported, citing gold dealers.
Gold Price Forecast – Battling with Resistance Level
Gold Price Forecast: The price of gold is finding it difficult to break a noted area of resistance and it is looking increasingly likely that support levels may be tested in the short- to medium-term.
Buy Gold Silver, Don’t Sell Bullion – Buy Slowly Every Dip
Buy Gold Silver (Bullion): After receiving a wave of retail attention earlier this year and briefly trading above $30 an ounce, Silver’s mainstream media coverage is fading. But traders are still buying up the precious metal on every dip, as it is still extraordinarily cheap relative to its peers.
Gold Rate Today at Rs 48,380 per 10 gm, silver trending at Rs 67,700 a kg
Gold rate today: Gold jewelry price varies across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making changes.