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.
Silver Tips
Gold Price Today: Yellow Metal Down, Geopolitical Factors; Buy on dips – Don’t Sell
Gold Silver prices witness very high volatility on Monday. Gold prices tested $1584 per troy ounce to hit a near 7-year high, and silver prices test $18.50 per troy ounce in the international market.
MCX Gold Tips Today – Above 40680 Target 41260—41530, Sell Karna Mana Hai
In global markets, gold prices today surged 1.5% to $1,579.55 per ounce, the highest level in about six years. The gains extended Friday’s surge after a US air strike in Iraq killed top Iranian commander Qassem Soleimani. The killing has heightened concerns of a widening Middle East conflict.
Gold Prices Fall By 405 Rupees: Gold Silver Reports
Gold Silver Reports –Gold prices on Thursday declined by Rs. 405 to Rs. 32,385 per 10 grams on reduced buying by local jewellers, reported news agency Press Trust of India (PTI) quoting the All India Sarafa Association.
Gold Prices Slip to Lowest This Year, Silver Edges Down
Gold fell to its lowest since end-December on Thursday as indications that the global economy might not be as pain-stricken as previously feared prompted investors to take risks ahead of a slew of economic data.