Spot Gold extends its side-trend around the 1440 mark into the mid-European session, having stalled its retreat from 2019 highs of 1454 near 1437 region.
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Commodities Weekly Live Research Report 15 — 19 July 2019 | Neal Bhai Reports
MCX Live Commodities Weekly Technical Live Research Report 15 — 19 July 2019 By Neal Bhai Reports (NBR)
Gold Pullback Before New Uptrend – Gold Silver Reports
The Gold triangle chart pattern is respecting the shallow Fibonacci re-tracement levels of wave 4 vs 3 which is typical behavior for a wave 4 (blue) pattern.
Union Budget 2019 India : Duty Hike May See Gold Smuggling Rise
Gold Silver Reports (GSR) – The 2.5% hike in customs duty on gold and precious metals proposed by Nirmala Sitharaman may see a rise in smuggling and illegal sale of the yellow metal. Traders last week had rued that the quantity of smuggled gold sold in the black market was rising due to skyrocketing prices.
Gold Prices Today Fell Sharply in India – Gold Silver Reports
Gold Silver Reports (GSR) – Gold prices today fell sharply in India, mirroring a big decline in global prices. On MCX, gold futures for August delivery fell below the ₹34,000 per 10 gram, when they declined 1.2% to ₹33,810. The October gold contracts on MCX also fell sharply but managed to hold on to ₹34,000 level.