MCX Gold Weekly Outlook: Price Recovers 5%, Key Levels to Watch This Monthv

Gold Price Outlook

MCX Gold Weekly Outlook: Comex Gold rebounded from last week’s multi-week low of $4,402 to finish the week nearly 1.5% higher. Weaker-than-expected US jobless claims strengthened expectations of a rate cut, lending support to prices near lower levels. However, a recovery in the US dollar capped further upside in the yellow metal. The near-term outlook remains bullish as long as the $4,500 support holds.

Read More →

Gold Silver Trading Tips – Yesterday Buy Call Rocking– Gold High 40628, Silver High 45975

Gold Silver Trading Tips

Gold Silver Trading Tips – Yesterday Buy Call Rocking– Gold High 40628, Silver High 45975

Spot gold rose by 0.69 percent to close at $1576.7 per ounce after equities closed negative and the US FED decided to keep interest rates unchanged in their latest monetary policy meeting held yesterday. Yields on the 10-year Treasury note dipped to their lowest since October. 10 as the corona virus impact might hamper the global growth.

Read More →