2ND Buy GOLD MCX TIPS Rocking – 52000 to 52880 – Neal Bhai Reports
MCX GOLD 52000 To 53050
precious metal prices
Silver My 2nd Target was 78000, Hit High 77949 – Enjoy – Neal Bhai
Silver My 2nd Target was 78000, Hit High 77949 – Enjoy – Neal Bhai
In global markets, gold prices were flat today, supported by weaker US dollar and hopes of more stimulus measures. Spot gold was steady at $2,039.75 per ounce, after hitting an all-time high of $2,055 in the previous session. US gold futures rose 0.3% to $2,055.90. Among other precious metals, silver fell 0.4% to $26.91 per ounce, while platinum rose 0.4% to $970.67.
5 Reasons Gold Prices Are Soaring
Gold closed above $2,000 an ounce for the first time this week, capping an explosive growth spurt that has blown past analysts’ projections.
Gold is Still Significant and The Main Trend Remains Bullish
Gold retreated after a nine-day rally that included a record high as positive results from a vaccine study curbed demand for the metal as a haven, spurring investors to cash in recent gains.
Gold Prices Hit New Highs in Global Markets – Gold Silver Reports
Gold is off to a strong start this week in Indian markets after posting strong gains in the previous week. On MCX, August gold future prices rose 1.5% or ₹800 to a record high of ₹51,833 per 10 gram, tracking a global rally. Silver prices also rallied today. Silver futures on MCX gained 5.5% or ₹3,400 to ₹64,617 per kg. In the previous week, gold prices had surged 4% while silver had jumped 15%.