Gold prices today struggled for direction today after a sharp gain in the previous session. On Free MCX Tips, gold was flat at ₹46961 per 10 gram while silver dipped to ₹63,160 per kg.
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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
Gold Prices Blast or Not: Generates RSI Buy Signal
The gold prices appears to be unfazed by the stickiness in the US Consumer Price Index (CPI) as the headline reading holds steady at 5.4% for the second month, and it seems as though bullion will move to the beat of its own drum ahead of the Kansas City Fed Economic Symposium scheduled for August 26 – 28 as it reverses course ahead of the March low ($1677).
Gold and Silver Bloodbath to Continue? | Gold Silver Reports
Gold and silver miners: Grim price action in the metals, and more be yet to come (looking at overnight price action, in all likehood we‘re done with shakeouts) – gold and silver usually do better once the waiting for taper is over.
Gold Bears Brace For $1,782 With Eyes on US NFP | Neal Bhai
Gold remains offered around $1,801, down 0.18% intraday, while keeping the break of key support during Friday’s Asian session. While strong rebound of the US Treasury yields and record equities weighed on the metal prices the previous day, firmer US dollar and cautious mood seem to favor sellers of late.
Gold Prices Currently Moving in a Tight Range
Gold prices are currently moving in a tight range as traders await a fresh fundamental spark to ignite the precious metal next big move.