Gold prices eased in Indian markets, tracking similar trend in global markets. On MCX, October gold futures were down 0.40% today to ₹37,792 per 10 grams.
Gold Traders
Gold Breaks a Key Longer Term MA Today, Trades at Lowest Level in a Year
Gold Silver Reports (GSR) – The price of gold took another step lower in trading today, and in the process, moved below the 200 week MA at $1234.36. The current price is trading at $1227.85, down $13 on the day. That is just above the low at $1226.16.
Bad Tariffs Means Good for Gold
Gold Silver Reports (GSR) – Bad Tariffs Means Good for Gold — The US government could slap steep tariffs on imported automobiles – and possibly even ban German luxury vehicles outright, according to a report by German business news magazine WirtschaftsWoche.