Gold price (Yellow Metal) has recovered the major portion of losses recorded in the Tokyo session. The precious metal declined sharply to near $1626.00 but recovered firmly and is indicating a formation of buying tail, which indicates a strong resoponsive buying structure. The yellow metal is attempting to shift into the prior balanced area placed in a narrow range of $1,645.00—$1,650.
Gold and Silver
Enjoy MCX Gold Silver Bloodbath – JO DAR GAYA SAMJHO MAR GAYA
Enjoy MCX Gold Silver Bloodbath – JO DAR GAYA SAMJHO MAR GAYA – The XAU/USD pair fell sharply in the last minutes and touched its lowest level since mid-July near $1,838. As of writing, the pair was trading around $1,840, losing 1.64% on a daily basis. MCX Gold Low 49360MCX …
Gold Price Forecast – Gold Must Hold Critical Support Near $1850
Gold prices are rolling over, and I see the potential for a bearish breakdown as soon as next week.
Gold and silver prices in India edged higher today
Gold and silver prices in India edged higher today after a sharp fall in the previous session. On MCX, gold futures rose 0.7% to ₹51870 per 10 gram while silver futures gained 0.8% to ₹69300 per kg. In the previous session, gold futures had tumbled 1% or about ₹500 while silver had slumped 1.5% or ₹1050 per kg. Gold has traded in a range after hitting record highs of ₹56200 last month.
Bullion Swings Between Loss and Profit, Silver Price Gains also
Bullion Swings Between Loss and Profit, Silver Price Gains also, Gold price rally fizzled after Comex futures climbed back above $2,000 an ounce, with the dollar erasing losses and a U.S. report adding to signs of a recovery in global manufacturing.
Silver MCX Today Tips Rocking Hit Full Target, Paid Member Mint Money – Neal Bhai
Silver MCX Today Tips Rocking Hit Full Target, Paid Member Mint Money. The dollar steadied as upbeat figures on U.S. employment and lackluster economic data from China put the brakes on a sell down of the world’s reserve currency.
Silver MCX Bole Boom Boom, Watch High 75751, Rona Mana Hai Trade With Neal Bhai
Silver MCX Bole Boom Boom, Watch High 75751, Rona Mana Hai Trade With Neal Bhai, — Rising cases of COVID-19 across the world especially in the US has lead analysts to believe that another round of stimulus could be in the offing. The world’s largest economy has already announced a $3 trillion stimulus package, but the Democrats have asked for an addition $400 billion in fiscal measures. The two sides have been negotiating for a week now.
Silver MCX above 72444, Don’t sell Target 75200 & 78400, Buy on Dips
Silver MCX above 72444, Don’t sell Target 75200 & 78400, Buy on Dips
दिल्ली सर्राफा बाजार में गुरुवार को सोना 57,008 रुपये प्रति 10 ग्राम की अब तक की सर्वोच्च ऊंचाई पर पहुंच गया। एचडीएफसी सिक्योरिटीज ने यह जानकारी दी। चांदी की कीमत ने भी रिकॉर्ड तोड़ अभियान बरकरार रखा।
MCX Silver Above 64700 Target 67000—72000 – Neal Bhai Reports
Silver yesterday settled up by 0.05% at 61223 on hopes of recovery in industrial demand. Prices also rallied amid safe-haven demand as investors fretted over rising coronavirus cases around the world, disappointing jobless claims data and worsening U.S.-China tensions.