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.
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Indian Spot Gold Rate and Silver Price
Spot Gold Rate in India (Rs. 51360) have increased since yesterday(Rs. 51350). Also, it was above the average gold price observed this week (Rs. 50614.29) by 1.47%.
Gold Technical Levels To Watch 05-January-2021
Gold Technical Levels : The Senate race will also be closely watched for gold traders, given that a blue wave scenario would likely push real yields further into negative territory and thus underpin the precious metal.
Gold MCX Tips Today Rocking 50,890 To 51,144 All Target Hit – Neal Bhai
Gold Silver Tips Today & Latest Reports : Gold Tips Today Rocking 50,890 To 51,144 All Target Hit – Neal Bhai Reports. सोना और चांदी ने नए साल की शुरुआत धमाकेदार कर दी है. मल्टी कमोडिटी एक्सचेंज (MCX) पर सोने का फरवरी वायदा करीब 2 परसेंट की तेजी दिखा रहा है.
Gold Silver Positional Tips Rocking Enjoy Blast Bullion Market – Neal Bhai
Gold Silver Positional Tips Rocking Enjoy Blast Bullion Market. The dollar to rupee conversion today improved to Rs 72 as compared to previous close of Rs 73. The fall of dollar against rupee might influence gold’s rate today reflecting a lower gold price in the domestic markets.
Gold Hits Two-Month High as Dollar Face Pressure
Gold price pushed above $1,900 an ounce to hit the highest level in almost two months, aided by a weaker dollar, after posting the biggest annual advance in a decade. Silver price also surged on the first full trading day of the new year.
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.