Spot Gold May Rise into a Range of $1258-$1266 per Ounce

Spot gold may rise into a trading zone of $1258—$1266 level per ounce, as it has broken a resistance at $1245, Technical Analyst Neal Bhai.

Global stocks extended their slump on worries over slowing growth and fears that a fresh flare-up in tensions between U.S. and China could quash chances of a trade deal.

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MCX Silver Tips – Sell Karo Aur So Jaao Next TARget – 35510—34734 – Neal Bhai Reports

MCX Silver Tips – Sell Karo Aur So Jaao Next TARget – 35510—34734 – Neal Bhai Reports

December gold futures were last down $5.60 an ounce at $1,222.40. December Comex silver was last down $0.257 at $14.245 an ounce. silver prices are sharply lower in early U.S. trading Friday, pressured by a firmer U.S. dollar index on and sharply lower crude oil prices.

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