MCX Gold Tips – Watch 46333 Level, Sell on Rise Target 45445—45100 – Neal Bhai
Gold is flirting with a break below its previously dominant uptrend channel but there remains little obvious desire to take major profits at current, high levels.
Gold is flirting with a break below its previously dominant uptrend channel but there remains little obvious desire to take major profits at current, high levels.
Consumers who want to buy gold coins typically have to pay more than the per-ounce prices quoted on financial markets in London and New York. That premium has jumped to US$135, more than tripling from two months ago, said Robert Higgins.
From last year’s Akshaya Tritiya, gold prices are now about 43% higher in India. In rupee terms gold is 43% up over Akshaya Tritiya 2019.
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The gold price gives back the advance from earlier this month as the Trump administration outlines a three-phased approach to reopen the US economy, with Minneapolis Fed President Neel Kashkari, a 2020-voting member on the Federal Open Market Committee (FOMC) stating that the plan “seems consistent with the advice and the feedback that we’ve heard from health experts”.
Gold prices today continued their uptrend today for the second day in Indian markets. On MCX, June gold futures rose 1% or ₹464 to ₹46,631 per 10 gram, after a nearly 2% or ₹850 gain in the previous session. Silver today saw sharper gains, rising 2.3% or ₹931 to ₹42,647 per kg.
Gold Silver Prices Bole Boom Boom, I Told You Lots of Time Jo Dar Gaya Samjho Mar Gaya – Neal Bhai Bullion Reports
Free Gold Silver Tips : Gold Hit My Support Level $1683.48, Now Buy Gold and Silver at CMP, Small Quantity (Call only For Positional Traders) – Neal Bhai Reports