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Gold Price Forecast & Analysis: Gold is edging higher in Tuesday’s trading so far, benefiting from falling Treasury yields and tepid risk tone. Markets appear to have turned risk-averse, re-assessing their bets on faster US economic recovery amid a potential hike in tax rates while covid restrictions in Europe also dampen the mood.
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Gold prices Trading in a Narrow Range | Gold Silver Reports
Gold prices have been trading in a narrow range since they marked a 9-month low on the 8th of March, with attempts to push higher being weakened by growing interest around bond yields, which is, in turn, keeping the US Dollar supported around 4-month highs.
Gold prices Today Jump to one-month High, Silver Rates Surge ₹3,600
Gold prices Today: Gold and silver prices surged today in Indian markets tracking firm international prices. On MCX, February gold futures jumped 1.4% to one-month high of ₹51,009 per 10 gram while silver futures surged 5.4% or ₹3,600 to ₹71549 per kg. In the previous session, gold futures had edged 0.17% after three days of up-move lower while had fallen 0.6%.
Buy Gold Silver, Don’t Sell Bullion – Buy Slowly Every Dip
Buy Gold Silver (Bullion): After receiving a wave of retail attention earlier this year and briefly trading above $30 an ounce, Silver’s mainstream media coverage is fading. But traders are still buying up the precious metal on every dip, as it is still extraordinarily cheap relative to its peers.
GOLD PRICE WEEKLY FUNDAMENTAL FORECAST – BEARISH
Gold price weekly fundamental forecast : Gold silver prices perked up a bit last week to put an end to their recent string of losses. Gold notched a gain of 1.44% while Silver edged 2.74% higher on balance.
सोने की कीमत का पूर्वानुमान: बिडेन के उद्घाटन के दिन सोने को 200-डीएमए से ऊपर स्वीकृति की आवश्यकता
सोने की कीमत का पूर्वानुमान : अतिरिक्त प्रोत्साहन की संभावनाओं के बीच अमेरिकी डॉलर के स्थिर रहने से सोना (XAU / USD) मंगलवार को $ 1840 के आसपास ऊंचा हो गया। अमेरिकी ट्रेजरी सचिव नामित जेनेट येलेन ने सीनेट के समक्ष अपनी गवाही में एक बड़ी उत्तेजना के पक्ष में तर्क दिया, बाजार के मूड के साथ-साथ शेयरों को बढ़ाया । जोखिम-पर पर्यावरण ने अमेरिकी डॉलर की सुरक्षित-हेवन अपील को आकर्षित किया। अमेरिकी ट्रेजरी की पैदावार में कमजोरी का फायदा गैर-उपज वाले सोने को भी मिला।
Gold Spot Below $1852, Door Open $1780 — $1740 – Neal Bhai Reports
Gold Spot Below $1852, Door Open $1780 — $1740. Gold and silver prices suffered steep losses on Friday, tracking a sharp decline in global rates. On MCX, February gold futures slumped 4% or ₹2050 to ₹48,818 per 10 gram while silver futures tanked ₹6,100 or 8.8% to ₹63,850 per kg. In global markets spot gold dropped nearly 4% to $1,833.83 per ounce as a jump in US Treasury yields hammered bullion’s safe-haven appeal.
Gold Price Forecast 2021 : Gold 1Q Outlook Bullish Headed, Target $1965
What started with a bang is now ending with a whimper. After a meteoric rise in gold prices through the first three quarters of 2020 (gaining +24.3% from January 1 through September 30), gold prices cooled off in 4Q’20, having lost around -1% at the time this forecast was written in December 2020.
Spot gold Prices Have Been on The Front Foot in Recent Trade
Spot gold prices have been on the front foot in recent trade, with a boost coming at 13:30GMT in the form of slightly softer than expected US Consumer Price Inflation numbers. Spot gold popped above the $1840 level and Wednesday Asia session highs at $1842, but has so far failed to break above $1850. As things stand, the precious metal trades with gains of close to $8 or 0.5% on the day.
Gold Extends Drop on Vaccine, Signs of Improving U.S. Economy
Gold fell to a four-month low as growing optimism over a coronavirus vaccine and signs of a increasing momentum in U.S. economic growth stifled demand for the metal as a haven.