With the recent trade/political headlines renewing risk aversion, Gold prices take a U-turn from a three-month-old ascending support line while taking the bids to $1,489 amid Wednesday’s Asian session.
Analysis
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Spot Gold Price – Support Between $1487 to $1480 – Gold Silver Reports
Spot Gold Price – Based on this week’s price action and the current price at $1502.60, the direction of the December Comex spot gold on Thursday is likely to be determined by trader reaction to the 50% level at $1492.
Gold Price Today : Brexit and the US-China Trade War Support to the Bullion
Gold prices were largely unchanged on Wednesday, as investors awaited more clarity on the Brexit and the US-China trade war, while some technical buying provided modest support to the bullion.
Spot Gold Eases as Trade Talk Cheer Buoys Risk Appetite – Gold Silver Reports
Gold prices declined in domestic futures trade on October 22 as progress in trade talks between the Washington and Beijing lifted risk-on sentiment.
MCX Copper Tips Today – Copper Selling Call Rocking 440—432.70 – Loot Lo Dabbe Wale Ko – Neal Bhai Reports
MCX Copper Tips Today – Copper Selling Call Rocking
Watch MCX Copper Price 440—432.70 – Loot Lo Dabbe Wale Ko
MCX Copper (Oct) Weaker Below ₹455, Any Rise Fresh Selling; Down Side Support ₹430
BASE METAL TIPS – MCX Copper settled down 0.11% at 440.85 as China’s factory activity is expected to have contracted for a fifth straight month in September. Pressure also seen after the release of a whistleblower complaint against U.S. President Donald Trump added to uncertainties about the global economy, already reeling from the China-U.S. trade war.
MCX Silver ho Gayi pani pani……. kya bola tha 46000 ke below sell karo – 100–200–500 lots dekh lo, Low 45700 — Neal Bhai
MCX Silver ho Gayi pani pani……. kya bola tha 46000 ke below sell karo – 100–200–500 lots dekh lo, Low 45700 — Neal Bhai
Gold and silver prices today fell further in India, extending their recent decline. Subdued global prices and an appreciation in rupee’s value against the US dollar put pressure on domestic gold and silver prices.