Gold prices are currently moving in a tight range as traders await a fresh fundamental spark to ignite the precious metal next big move.
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Gold eases as equities edge up, virus concerns cap losses
Spot gold was down 0.1 per cent at $1,574.69 per ounce as of 0427 GMT, having touched its highest since Feb. 4 at $1,577.89 earlier in the session.
MCX Gold Price 40,724, I Told You Target Open Low 39900 And High 40724 – Watch 800 Points Plus Just 2 Days
Live MCX Gold Price High 40,724, I Told You Target Open Low 39900 And High 40724 – Watch 800 Points Plus Just 2 Days
MCX Gold Price Update – Lots of Time I Told You DARNA MANA HAI Trade Wtih Neal Bhai and Mint Money
Gold Silver Trading Tips – Yesterday Buy Call Rocking– Gold High 40628, Silver High 45975
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.
Gold Prices Traded in a narrow $3 Range
Gold prices traded in a narrow $3 range on Monday as strong U.S. economic data encouraged investment in riskier assets while limited risk hedging supported the metal.