GOLD MCX UPDATE: Gold and silver prices today edged lower in Indian markets, after a sharp upmove in the previous session. Gold MCX edged 0.1% lower to тВ╣46,320 after hitting a one-month high of тВ╣46,400 in the previous session.
Gold Market technical analysis
Gold Price Extends Recovery to The $1710 Area – Neal Bhai
Silver and┬аgold price are rising more than 1% on Wednesday, recovering after posting sharp losses during two consecutive days. A modest decline in┬аUS┬аyields, a correction of the US dollar, month-end flow, and some profit-taking favored the rebound.
Gold Prices Slip Near Lowest in a Year, Buying Picks Up in India
The correction in gold prices has triggered fresh retail interest in India. This however allowed dealers to charge higher premiums. On MCX gold futures fell to тВ╣44271 at day’s low on Friday, near a one-year low of тВ╣44,150 they touched earlier in the week.
Gold Price Rise As Stimulus, Inflation in Focus | Neal Bhai
Gold price steadied after advancing for two days as investors weighed the prospects of further U.S. stimulus and the latest reading on inflation.
Gold price today trades higher, 46900 Crucial Support
Gold price today : India Gold MCX April Futures are trading in the green on February 16, 2021 following positive trend seen in the international spot prices. Silver March Futures were trading higher by nearly 1 percent.