Gold Silver Reports – Gold Spot Price Forecast, Tips and Tricks for January 23, 2018 — Gold prices tested short-term support near the 10-day moving average at 1,329, and was able to bounce as trader’s focus on the movements of the dollar, to see if the recent weakness in the greenback perpetuates.
Gold Silver Prices
Global Gold Prices Tread Lower as Dollar Gains on Stronger US Data
Gold Silver Reports – Global Gold Prices Tread Lower as Dollar Gains on Stronger US Data – Gold slipped on Thursday, hitting its lowest in nearly a week, as the dollar edged higher from three-year lows on stronger-than-expected US economic data.
Gold Rally has Legs on Voracious China Demand, Bullish Options
Gold Silver Reports – Gold Rally has Legs on Voracious China Demand, Bullish options – Gold’s breakneck rally eased this week, but tailwinds in both physical and paper markets suggest it’s got room to run.
MCX Gold Expected Trading Zone Between 29510—29860, Sell on Rise
Gold Silver Reports – MCX Gold Expected Trading Zone Between 29510—29860, Sell on Rise — Technically Gold market is getting support at 29510 and below same could see a test of 29330 levels and resistance is now likely to be seen at 29720, a move above could see prices testing 29860.
The Gold Rally May Have More Room to Run
Gold Silver Reports – The Gold Rally May Have More Room to Run – Gold’s breakneck rally eased this week, but tailwinds in both physical and paper markets suggest it’s got room to run.
Gold Losses in Years Past Keep Producers From Buying More Mines
Gold Silver Reports – Gold Losses in Years Past Keep Producers From Buying More Mines — Stung by some lousy investments that led to billions of dollars in losses a few years ago, the world’s major gold producers have cut way back on mining deals — even as metal prices posted their biggest rally since 2010.
Investors in Gold Mining Bonds Leave Shareholders in the Dust
Gold Silver Reports – Investors in Gold Mining Bonds Leave Shareholders in the Dust — Two years of belt-tightening by the world’s biggest gold miners have allowed bondholders to reap greater rewards for less risk, leaving equity investors — at least comparatively — in the dust.
Gold Prices Maintain Rising Streak on Jewellers Buying
Gold Silver Reports – Gold Prices Maintain Rising Streak on Jewellers Buying – Gold prices advanced by Rs50 to Rs31,100 per 10 grams at the bullion market on Wednesday on sustained buying by local jewellers shrugging off weak global cues. However, silver prices slipped by Rs230 to Rs40,070 per kg.
Price of Gold in 2018: Can It Keep Moving Higher?
Gold Silver Reports – Price of Gold in 2018: Can It Keep Moving Higher? — Gold continued to gain ground in 2017, picking up about 12% and extending its streak of winning performances.