Gold Silver Reports (GSR) – Gold prices today fell sharply in India, mirroring a big decline in global prices. On MCX, gold futures for August delivery fell below the ₹34,000 per 10 gram, when they declined 1.2% to ₹33,810. The October gold contracts on MCX also fell sharply but managed to hold on to ₹34,000 level.
Commodities Weekly Live Research Report 01 — 05 July 2019 | Neal Bhai Reports
MCX Live Commodities Weekly Technical Live Research Report 01 — 05 July 2019 By Neal Bhai Reports (NBR)
Gold Technical Analysis Unless Breaking $1,403 Support Turned Resistance – Neal Bhai
The long road to have a trade deal with the US, statements like Mexico and China can be partners against US pressure are likely showing Chinese media’s lack of appreciation to the recent trade truce.
Gold Pani Pani – 40,000—38,000 ke Sapne Mat Dekho – Phele Niche Fir Upar Aayega – Abhi Toh Party Shuru Hui Hai
Gold Pani Pani – 40,000—38,000 ke Sapne Mat Dekho – Phele Niche Fir Upar Aayega – Abhi Toh Party Shuru Hui Hai
Gold Prices May see Mild-Correction soon – Gold Silver Reports
Use the Mild Correction
While the fundamentals are still intact, experts feel that there may be a mild correction in gold prices after the recent spurt. Gold has seen five weeks of continuous gains and therefore, events like the upcoming US Federal Reserve meeting, G-20 meeting, etc can trigger a correction.