Gold traded with a mild negative bias through the early European session and was last seen hovering near daily lows, around the $1850 region.
Spot Gold
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Gold Prices falls over 1%, pinched by firm dollar but on course for weekly gain
Spot gold prices fell 1% to $1,851.50 per ounce by 10:10 a.m. EST (1510 GMT), retreating from a two-week high hit on Thursday. The metal was up 1.4% so far this week.
Gold Prices Have Had a Tough Start to The New Year – Neal Bhai
Gold prices have had a tough start to the New Year, with price action proving haphazard. Volatility hasn’t exploded or collapsed, leaving gold prices adrift, easily succumbing to the cross-currents presented by other asset classes, politics, fiscal stimulus speculation, and monetary policy.
MCX Gold Price Low 48685, Sell Karna Mana Hai – Neal Bhai
Spot gold price lost some additional ground during the mid-European session and dropped to 2-day lows, aroundthe $1845 region in the last hour.
Gold Spot Open Long positions Target $1930—$1952
Gold spot and silver prices have recovered lost ground in recent days, climbing 3.8% and 7.6% from their respective monthly lows on the back of falling real yields and a weaker US Dollar.