One of the reasons why India and Indians weather global economic crises better than their global peers is due to their significant gold holdings. Gold tends to do well or at least offers a store of value during economic calamities. Whether it was the Great Financial Crisis of 2007-08 or the COVID-19 catastrophe, if you had gold in your portfolio.
Gold
Get commodity future prices for Gold from MCX, NCDEX, NMCE. Get live commodity market price,Gold futures prices from Gold Silver Reports – Neal Bhai Reports
MCX Gold Declines with US Election, Fed policy in focus; Experts’ Strategy for MCX Gold
Gold price today: Gold rates dropped significantly in the domestic futures market on Monday morning as investors exercised caution ahead of two critical events this week: the US election and the Federal Reserve’s policy announcement. Both are expected to significantly impact the movement of the US dollar, bond yields, and bullion prices going forward. MCX Gold for December 5 expiry traded 0.55 per cent down at ₹78,430 per 10 grams around 9:30 am.
![Spot Silver Update: Silver skyrockets as buyers eye $33.75 [21 October 2024]](https://www.goldsilverreports.com/wp-content/uploads/2023/08/2.webp)
Spot Silver Update: Silver skyrockets as buyers eye $33.75 [21 October 2024]
Spot Silver (XAG/USD) Update: The RSI is indicating increasing bullish momentum, with key resistance kye seen at $33.75 and $35.00.
Geopolitics, US election uncertainties drive gold’s record rally
Gold prices extended gains and scaled another record high on Monday, steered by elevated Middle East tensions and U.S. election uncertainty, while silver hit a near 12-year peak.
MCX Gold Tips: Buy Gold Above 76000 Target 76520——76740
We expect gold and silver prices to remain volatile this week amid volatility in the dollar index and geo-political tensions. Neal Bhai added.
Reason for rise in gold prices? Fed’s intentions, Israeli-Palestinian, North-South Korea tensions
Spot Gold tests resistance at $2,670. Gold pauses after bouncing following the end of a pullback. The precious metal appears to resume its dominant uptrend after a three-wave (abc) correction concluded at the October 10 lows.
Protected: Massive Rally in MCX Silver Next Week, Target 5,000 Points
There is no excerpt because this is a protected post.
I See a 25 Basis Point Rate Cut; Neal Bhai
After the unexpected 50 basis point rate cut in September, market participants have turned their attention to the performance of the US economy to gauge the likelihood of further cuts. This focus aligns with the Federal Reserve’s shift toward monitoring the labor market, although inflation, especially excluding food and energy costs, is proving more stubborn than before.
![Jackpot Call: MCX Silver Tips Today [11 October 2024]](https://www.goldsilverreports.com/wp-content/uploads/2024/08/SILVER-JACKPOT-CALL-22082024.webp)
Neal Bhai’s MCX Gold Silver Diwali Jackpot call was a hit, Commodity traders made a lot of Money
Neal Bhai Reports offering Commodity Jackpot Call in India. Get best offer price, check past calls and find contact details | Mobile +91-9899900589 and +91-9582247600