Gold prices declined in domestic futures trade on October 22 as progress in trade talks between the Washington and Beijing lifted risk-on sentiment.
Mcx Commodity Trading Tips
MCX Copper (Oct) Weaker Below ₹455, Any Rise Fresh Selling; Down Side Support ₹430
BASE METAL TIPS – MCX Copper settled down 0.11% at 440.85 as China’s factory activity is expected to have contracted for a fifth straight month in September. Pressure also seen after the release of a whistleblower complaint against U.S. President Donald Trump added to uncertainties about the global economy, already reeling from the China-U.S. trade war.
Gold Zoom to $1,506 from $1,488 the low on Drone Attack on Oil and Gas Plants
Gold prices have shot higher in the open this week due to the increased tensions in the Middle East following the attack on Saudi Arabia’s oil and gas facilities in Abqaiq which has suspended half of the kingdom’s processing, corresponding to 6% of world supply.
सोना 22 सौ डॉलर के नए शिखर पर पहुंच सकता है – कमोडिटी गुरू जिम रॉजर्स कहा
कमोडिटी गुरू जिम रॉजर्स बातचीत में कहा – अगले साल सोना 22 सौ डॉलर के नए शिखर पर पहुंच सकता है। जिम रॉजर्स रूस के बाजारों पर अब भी बुलिश हैं। इनका कहना है कि सोने में आगे जोरदार तेजी दिखेगी। ग्लोबल इक्विटी में सुस्ती से गोल्ड में उछाल आया है। गोल्ड में निवेश करना सबसे बेहतर विकल्प है।
Physical Gold Prices Up On Jewellers’ Buying
Gold Silver Reports (GSR) – Physical Gold prices rose by Rs. 200 to Rs. 32,870 per 10 grams on Friday, reported news agency Press Trust of India (PTI) quoting the All India Sarafa Association.