Gold prices fell to a near one-week low, as a stronger US dollar and an uptick in risk appetite following better-than-expected economic data dented demand for the safe-haven metal.
Bullion Swings Between Loss and Profit, Silver Price Gains also
Bullion Swings Between Loss and Profit, Silver Price Gains also, Gold price rally fizzled after Comex futures climbed back above $2,000 an ounce, with the dollar erasing losses and a U.S. report adding to signs of a recovery in global manufacturing.
Friday Indicated levels for Gold Silver blasted – Neal Bhai Reports
Gold prices in India have corrected sharply from record highs hit earlier this month. In futures markets gold currently trades at ₹51,400 levels per 10 gram as compared to August 7 highs of ₹56,200.
Silver MCX 67500 To 73254 = 5754 Point Up
Gold MCX 51300 To 52100 = 800 Points Up
Gold Price Prediction – Prices Rise and Recapture Resistance as the Dollar Slides
Gold price rose on Monday the dollar moved lower. Prices were finally able to capture resistance which now supports near the 10-day moving average at 1,949. Target support is seen near the 50-day moving average at 1,889.
Silver Spot Support Zone $28 — $ 27.48 – Neal Bhai Reports
Silver Spot Support Zone $28 — $ 27.48, Target Price $29 — 29.80, September silver futures prices on MCX rose 0.4% to ₹69,135 per kg. In the previous session gold had surged ₹500 per 10 gram while silver had gained about ₹1,000 per kg. Gold prices in India had hit a record high of ₹56,200 on August 7 and since then prices have been volatile in tandem with movement in global rates.