Gold prices traded in a narrow $3 range on Monday as strong U.S. economic data encouraged investment in riskier assets while limited risk hedging supported the metal.
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Gold Price Today: Yellow Metal Down, Geopolitical Factors; Buy on dips – Don’t Sell
Gold Silver prices witness very high volatility on Monday. Gold prices tested $1584 per troy ounce to hit a near 7-year high, and silver prices test $18.50 per troy ounce in the international market.
MCX Gold Tips Today – Above 40680 Target 41260—41530, Sell Karna Mana Hai
In global markets, gold prices today surged 1.5% to $1,579.55 per ounce, the highest level in about six years. The gains extended Friday’s surge after a US air strike in Iraq killed top Iranian commander Qassem Soleimani. The killing has heightened concerns of a widening Middle East conflict.
Gold Prices Today Fall For Second Day, Silver Rates Decline
Gold prices in India fell for the second straight day today. On MCX gold prices were down 0.09% to ₹38,172, extending losses to the second day.