Gold Technical Price Outlook : The recent pullback in gold may gather pace in May as the Reserve Bank of Australia (RBA) and Bank of England (BoE) are expected to keep interest rates at a record low, and the wait-and-see approach for monetary policy may dampen the appeal of bullion as governments across the advance economies unveil plans to roll back lockdown laws.
MCX Gold Market Calls – Below 45146 Target 44645— 44230 Sell 500—1000 Lots and Relaxxxxx – Neal Bhai
MCX Gold Below 45146 Sell 500—1000 Lots, Small Traders Jo Bhi Mile Book Kar lena – Neal Bhai Reports
Gold buyers are forking over lofty US$135 premiums for US coins
Consumers who want to buy gold coins typically have to pay more than the per-ounce prices quoted on financial markets in London and New York. That premium has jumped to US$135, more than tripling from two months ago, said Robert Higgins.
Gold Spot Rockhard Support Zone $1710—1700 – Neal Bhai Reports
Gold Spot Rockhard Support Zone $1710—1700 – Neal Bhai Reports
From last year’s Akshaya Tritiya, gold prices are now about 43% higher in India. In rupee terms gold is 43% up over Akshaya Tritiya 2019.
Goldman Says Narrow Breadth in S&P 500 a Bad Sign for Stocks
The U.S. benchmark is around 17% below its February record, but the median stock trades 28% from its peak, Goldman strategists including David Kostin wrote in a note Friday.