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Gold Spot Prices Struggles, Trading Zone $1815—$1840 – Neal Bhai
![MCX Gold Target 98,500 Very Very Soon, Buy on Dips [21 April 2025]](https://goldsilverreports.com/wp-content/uploads/2020/03/gold-052904-gsr.jpg "Gold Spot Prices Struggles, Trading Zone $1815—$1840 - Neal Bhai 2")
Gold spot prices struggled to capitalize on its goodish intraday bounce of nearly $40 and was last seen trading with modest gains, around the $1833 region.
Gold Price Forecast: Is it good time to buy gold?
- Gold price fell as much as 1.2% before paring most losses amidbroad ‘risk-off’ sentiment
- A stronger USD appears to be weighing on precious metal prices while Treasury yields are steady
- 85% of retail gold traders (within IG)are net long, whereas 15% are net short
MCX Copper Tips for Today – Copper Target 612.45 Hit Enjoy
MCX Copper Tips for Today : Copper yesterday settled down by 1.61% at 605.3 as Chinas imports of unwrought copper and copper products fell for a third consecutive month to 512,332 tonnes in December 2020, marking a 8.7% drop from 561,310.7 tonnes in November and tanking to their lowest monthly level since May.
Barrick Production Rose as Costs Fell in the Fourth Quarter
Barrick Gold Corp. produced more of the precious metal with lower costs in the 4th quarter than the previous period as it met its fullyear gold guidance amid the global pandemic.