Gold Price : Has gold’s bubble just burst? The spot metal fell 5.7 per cent Tuesday, the sharpest drop in seven years and a remarkable slump for an asset that rarely shifts more than a percentage point in a day.
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Gold MCX Today Tips Rocking Hit High 53965, Rona Mana Hai – Neal Bhai
Gold MCX Today Tips Rocking Hit High 53965, Rona Mana Hai – Gold yesterday settled up by 2.01% at 53322 buoyed by a weaker dollar as investors await the fine print on the U.S. Federal Reserve’s strategy to stem the economic toll of the coronavirus.
Gold Below $1960 Down Trend Target $1862—$1834 – Neal Bhai
Gold Below $1960 Down Trend Target $1862—$1834, Gold rebounded Wednesday, extending a series of wild swings that saw the metal hit a record on Friday before plunging to below $1,900 an ounce.
Gold Falls After Positive Jobs Data, London Fix Sparks Selloff
Gold fell from a record as better-than-expected U.S. jobs data signaled the economic rebound is still making headway. Selling was also exacerbated as traders fixed the London gold price lower and the dollar curbed the metal’s haven appeal.
Silver MCX Bole Boom Boom, Watch High 75751, Rona Mana Hai Trade With Neal Bhai
Silver MCX Bole Boom Boom, Watch High 75751, Rona Mana Hai Trade With Neal Bhai, — Rising cases of COVID-19 across the world especially in the US has lead analysts to believe that another round of stimulus could be in the offing. The world’s largest economy has already announced a $3 trillion stimulus package, but the Democrats have asked for an addition $400 billion in fiscal measures. The two sides have been negotiating for a week now.