Gold Silver Reports – It’s not just politics that’s polarized right now. Gold investors are also split down the middle.
Gold Report
Global Gold Prices Kiss over 3-Week High on Dollar Weakness in thin Trading
Gold Silver Reports – Gold prices edged up on Tuesday in low-volume trade to more than three-week highs, helped by a weaker dollar. Spot gold was up 0.3% at $1,278.06 per ounce at 8.22am, after hitting its highest since 1 December at $1,279.05. US gold futures rose 0.3% to $1,282.50 an ounce.
Gold Kiss a Wall and Turns Lower
Gold Silver Reports – Gold Kiss a Wall and Turns Lower – Gold seemed to hit a wall on Monday around the 1305.00 U.S Dollars an ounce level and sunk lower.
Gold Spot Price Report and Forecast – Neal Bhai Reports
Gold Silver Reports – Gold spot markets initially went sideways on Wednesday, but did drop a little bit as we started reach towards the end of the day. I think that it’s only a matter of time before the buyers return though, unless of course the FOMC ends up being very hawkish, which would be positive for the US dollar.
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Gold Price Attempts Breakout…Yet Caution Warranted
Gold Silver Reports — Since gold’s all-time high of $1,923 per ounce in September 2011, the nearly 6-year decline that this week has brought prices back to $1,270 has been broadly defined by a falling linear trend of selling pressure.
Gold Prices Break Through a 6-Year-Long Downtrend Line
Gold Silver Reports — Gold is breaking out of a 6-year slump as investors search for safe havens during a period of global upheaval and bets that historically low U.S. interest rates will endure.
Gold MCX Support Levels at 29170
Gold Silver Reports — Technically Gold market is under fresh selling as market has witnessed gain in open interest by 1.27% to settled at 6784 while prices down 10 rupees.
Gold MCX Trading Zone Between 28324-28775
Gold Silver Reports — Technically MCX Gold is getting support at 28444 and below same could see a test of 28324 level, And resistance is now likely to be seen at 28775, a move above could see prices testing 28820.