Gold Price Forecast: Gold prices plunged heading into London’s close, hitting $1,766.38 a troy ounce. The dollar gathered momentum following the release of the US Producer Price Index, which hit a record 9.6% YoY in November, higher than anticipated.
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Gold Prices Only Modestly Up, Inflation Beast Roars
The inflation beast is growing stronger. Unfortunately for gold prices bulls, we cannot say the same about the yellow metal. Is sacrifice going on tomorrow?
Top 5 Commodities MCX Weekly Research Report, 13 To 17 December 2021 By Neal Bhai
Top 5 Commodities MCX Weekly Research Report, 13 To 17 December 2021, Weekly, Monthly MCX Live Research Reports Released by Neal Bhai Experts Research Teams, India.
Top 5 MCX Weekly Tips and Research Report, 06 To 10 December 2021 By Neal Bhai
Top 5 MCX Weekly Tips and Research Report, 06 To 10 December 2021, Weekly, Monthly MCX Live Research Reports Released by Neal Bhai Experts Research Teams, India.
Gold Forecast for Next Week | Next Expected Target on the Downside for Gold Aligns at $1,760
Gold Forecast for Next Week: The GoldSilverReports Sentiment Poll points to a bearish shift in the near-term but the average target of $1,770 on the one-week view suggests that losses could be limited. The on-month outlook paints a mixed picture with a 39% bullish bias against a 38% bearish bias.