Gold prices rose to a two-week high on Tuesday as a new strain of pneumonia in China stoked fears of a wider epidemic that could hamper economic growth, sparking a sudden bout of risk aversion and sell-off in Asian stocks.
Analysis
At Gold Silver Reports, our market analysis provides expert insights on gold, silver, crude oil, base metals, and MCX commodities. Stay updated with trend forecasts, price movements, and actionable strategies to make smarter trading decisions.
- Get Detailed Technical Analysis Reports, xauusd technical analysis, Stock Trends, candlestick technical analysis, Commodity Market, Chart Patterns and Technical Analysis of Commodities, Technical & Fundamental Reports, Gold ETF, Market Forecast and Market Outlook for major Indices and Stocks of Indian Stock Market.
- MCX Analysis today, MCX Commodity daily Support & Resistance levels, MCX Levels, Commodity Price Trends, Best Technical Analysis Report.
Gold Prices Traded in a narrow $3 Range
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.
Greg Jensen Told Gold Prices Rising 30% to $2,000
Gold prices, which briefly topped $1,600 last week, could rally to $2,000 an ounce amid heightened political risks, Bridgewater’s co-chief investment officer Greg Jensen told the Financial Times Wednesday.
BASE METAL TIPS – Copper Prices OutLook: Net Longs in the Industrial Metal Grew Slightly
Base Metal Tips – Copper Prices: Net longs in the industrial metal grew slightly as funds marginally cut back on their short positions by 1%. However, copper could be starting to top out as investors refrain from taking up fresh longs.
MCX Silver Futures Prices Above 46400 Big Blast, Any Big Panic Buy – Neal Bhai
MCX Silver Futures Prices: दिल्ली में चांदी की कीमतों में भी गिरावट दर्ज की गई। इसकी कीमत 156 रुपये घटकर 47,010 रुपये प्रति किलोग्राम रही। पिछले कारोबारी सत्र में चांदी 48,066 रुपये प्रति किलोग्राम पर बंद हुई थी।