Gold Silver Outlook For Today, 04 August 2023: Another down week in the making for gold and silver price, as it is on track to book the worst week in six on Friday. However, the extended pullback in the United States Dollar (USD) combined with retreating US Treasury bond yields are helping put a floor under Gold price in the lead-up to the US Nonfarm Payrolls (NFP) showdown.
Silver Outlook
Gold Forecast: Traders await US inflation data, Fed rate hike decision
Gold Forecast, Gold Rate For Today, Gold Price Report: Gold rate was flat on Tuesday as traders await rate hike announcements from central banks across the globe, while silver rate was up 0.56%.
Gold Forecast: अगले सप्ताह महत्वपूर्ण आंकड़ों से पहले सोने में लाभ बुक करे और गिरावट पर खरीदारी करे
MCX Gold Forecast and Bullion Report by Neal Bhai: किसी भी लंबी स्थिति को बुक करने के लिए मौजूदा समय में सावधानी बरतने की आवश्यकता है और किसी भी लंबी स्थिति को शुरू करने के लिए 53300-53000 तक मूल्य के सही होने की प्रतीक्षा करें।
Silver Forecast and strategy: Silver Prices Jump 3%
Silver Forecast and strategy: Silver prices edged lower to settle at Rs 66,941 per kg on April 9 as participants trimmed their positions as seen by the open interest. The precious metal tumbled tracking stronger dollar and weakness in gold and industrial metals.
MCX Silver Outlook Report 30 September 2018 – Neal Bhai
Silver Outlook Report
The global spot silver ($14.65 per ounce) looks much stronger than gold and is likely to outperform in the coming weeks as expected. It seems to have formed a strong base around $14 and could be gearing up for a fresh rally.
Spot Gold : A Breakout on Either Side of the $1,178—1,213 Range Will Decide the Next Move
Gold is struggling to get fresh buyers that would take it decisively above the psychological level of $1,200. The yellow metal tumbled last week and made a low of $1,181 per ounce. However, it managed to bounce from those levels, recovering some of the loss, and closed at $1,191 per ounce, down 0.7 per cent for the week.
Silver Finally Confirms Gold’s Rally as Both Metals Post Multi-Month Highs
Gold Silver Reports – In my previous commentaries, I expressed some concern that the lag in the silver price vis-à-vis gold was a slight concern for the nearterm outlook. The path of least resistance for gold and gold mining shares was of course still bullish, but silver’s failure to fully participate in gold’s recent gains was a fly in the ointment.