Spot Gold headed for a fifth straight monthly drop, the longest losing run in four years, as more robust monetary tightening by the Federal Reserve looks likely.
Spot gold Price
Buy Spot Gold Above $1750 Target Price $1775—$1792 | Neal Bhai
The spot gold technical outlook remains bearish with gold failing to break above the 20-day SMA for the 18th straight trading day. Additionally, the Relative Strength Index (RSI) indicator on the daily chart stays slightly below 50, confirming the view that sellers are looking to remain in control of gold (Yellow Metal) action.
Spot Gold Price : Keep Eye on $1758 as support – Neal Bhai
Gold Price Technical Forecast : Spot Gold Price Trading Tips : Keep Eye on $1758 as support. Above $1758 Target Price $1845.
Gold Price Today: Domestic Gold Futures Finish Volatile Session
Gold Price Today : Multi Commodity Exchange (MCX) gold futures – due for settlement on October 5 – moved within a wide range, between ₹ 50,600 and Rs 50,970, compared to their previous close of ₹ 50,821, trading mostly in the negative territory. The MCX gold futures contract settled at ₹ 50,920, up 0.19 per cent – or Rs 99 – for the day.
Gold prices fell to a near one-week low
Gold prices fell to a near one-week low, as a stronger US dollar and an uptick in risk appetite following better-than-expected economic data dented demand for the safe-haven metal.
MCX Gold price Kiss New Lifetime High of ₹ 44,961
In the futures market, mcx gold price touched an intraday high of ₹ 44,961 and an intraday low of ₹ 44,235 on MCX. For the April series, the yellow metal touched a low of ₹ 37,530 and a high of ₹ 44,961.
MCX Gold Price Steady at Rs 40,080 per 10 gram, Silver Slip
MCX Gold prices declined by Rs 213 to Rs 40,080 per 10 gram in the Mumbai bullion market on rupee depreciation. It, however, traded steady in the international market ahead of European Central Bank’s first policy meet of the New Year later today.
Spot Gold May Rise into $1253 —$1258 Level
Gold Silver Reports (GSR ) – On the daily chart, the gain on Monday confirms a break above the former resistance at $1,238, the 14.6 percent projection level of a downward wave C from $1,366.07. The next Resistance will be at $1,305.
MCX Gold Traders Red Alert – Don’t Trap in Buy Side Next Possible Target 28076 Very Very Soon – Neal Bhai
MCX Gold Traders Red Alert – Don’t Trap in Buy Side Next Possible Target 28076 Very Very Soon – Neal Bhai Reports – MCX Guru – Gold Silver King.
Gold Futures Slide on Weak Global Cues – Gold Silver Reports
Gold Silver Reports (GSR) – At the Multi Commodity Exchange, gold prices for delivery in December was down by Rs 77, or 0.25 percent, to Rs 30,802 per 10 gram in a business turnover of 109 lots.