Spot Gold Price Forecast & Analysis 01 March 2021 : Gold price’s last decline stopped at $1716.00 level, to rebound bullishly and begins recovering now, as it surpassed the intraday bearish channel’s resistance that appears on the chart and opens the way to continue the rise in the upcoming sessions, on its way to test $1760.00 mainly.
Gold Trading
Mauritian Exchange Sees $6.5 Billion Gold Trading in Five Years
Gold Silver Reports (GSR) – A Mauritian commodity exchange that plans to start operating in the fourth quarter expects to trade $6.5 billion of gold annually within five years, part of the Indian Ocean island nation’s plan to become a financial gateway to Africa, its chairman said.
Mauritian Exchange Sees $6.5 Billion Gold Trading in Five Years
Gold Silver Reports (GSR) – A Mauritian commodity exchange that plans to start operating in the fourth quarter expects to trade $6.5 billion of gold annually within five years, part of the Indian Ocean island nation’s plan to become a financial gateway to Africa, its chairman said.
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.
Gold Slip Below ₹ 32000, Muted Demand
Gold Silver Reports (GSR) – Gold prices dipped below the ₹ 32,000-mark, falling Rs 100 to ₹ 31,950 per ten grams at the bullion market today amid a weak trend overseas and fall in demand from local jewellers.
INX may Launch Spot Gold Trading
Gold Silver Reports — Even as India waits to get its gold spot exchange, BSE chief Ashishkumar Chauhan is exploring the possibility of launching a spot gold segment on the exchange’s wholly-owned subsidiary, India International Exchange (INX), at Gujarat’s GIFT City .