Gold yesterday settled up by 0.66% at 51035 amid an escalation in the U.S.-China spat added further safe-haven fuel to a rally to a peak driven by fears over the economic hit from the coronavirus pandemic.
gold price trend
Gold Prices Hit New Highs in Global Markets – Gold Silver Reports
Gold is off to a strong start this week in Indian markets after posting strong gains in the previous week. On MCX, August gold future prices rose 1.5% or┬атВ╣800 to a record high of┬атВ╣51,833 per 10 gram, tracking a global rally. Silver prices also rallied today. Silver futures on MCX gained 5.5% or┬атВ╣3,400 to┬атВ╣64,617 per kg. In the previous week, gold prices had surged 4% while silver had jumped 15%.
India Flips To Discount On Physical Gold Amid Low Demand, Record Price
In India, dealers offered discounts of up to $6 an ounce over official domestic prices in thin trade, versus last week’s $2 premium. Domestic gold futures soared to a record Rs 50,948 ($681.21) per 10 grams on Friday.
Gold Settles at a Nearly 9-year high and Silver Scores Highest Finish since 2014 on Fiscal Stimulus Moves
Gold futures climbed Tuesday to settle at a nearly nine-year high and silver rallied to prices not seen since 2014, with the precious metals lifted by an agreement on a fiscal rescue plan by European leaders and expectations for additional spending by the U.S. government.
MCX Gold Tips – If Gold Close Below 48700 Next Target 48580тАФ48280, Sell Sell Sell – Neal Bhai Reports
MCX Gold Tips – If Gold Close Below 48700 Next Target 48580тАФ48280, Sell Sell Sell – Neal Bhai Reports
Spot Gold Eases As Economic Recovery Hopes Boost Risk Appetite
Spot gold fell 0.2% to $1,806.30 by 0046 GMT, after rising to its highest level since September 2011 at $1,817.71. U.S. gold futures eased 0.1% to $1,818.40 per ounce.
Silver Gold Intraday Tips Rocking – Gold 48740 To 48940 Full Target Done, Silver 50150 To 50520 – Neal Bhai Reports
Silver Gold Intraday Tips Rocking ЁЯФеЁЯФе – Gold 48740 To 48940 Full Target Done, Silver 50150 To 50520 – Neal Bhai Reports