Gold Silver Reports – Various asset classes give different returns, which is why a portfolio must have an ideal mix on investments.
Gold Spot Support Level $1247——$1250
Gold Spot CMP $1267.40
Gold Prices Little Changed as Dollar Gains Versus Euro on ECB Policy
Gold Silver Reports – Gold prices drifted in a narrow range on Friday after hitting a near three-week low in early trade as the dollar gained against the euro after the European Central Bank (ECB) extended its bond buying programme.
Nifty Faces Resistance at 10,400
Gold Silver Reports – Nifty Faces Resistance at 10,400 – The Nifty50 on Thursday continued to form higher highs and higher lows and settled the October series futures & options contracts at a fresh closing high of 10,343. The index made a Strong Bullish Candle on the daily chart and was on the verge of hitting the overbought territory as suggested by its 12-day relative strength index (RSI).
Global Gold Prices Steady on Weaker Dollar
Gold Silver Reports – Gold prices steadied on Thursday as global equities fell and the US dollar held near a week low versus the euro before a European Central Bank (ECB) meeting, though risks for gold prevailed in the absence of any hawkish surprises from the ECB.