Bullion Market has risen by about 1.7% so far this month and 1.6% for the week. “People are doing fear trade now and running towards gold,” said Michael Matousek, head trader at U.S. Global Investors. He noted investors were unsure of what Trump planned to do.
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MCX Gold Price Prediction – Above 31820 Level Expected Target 32220 — 32380 – Neal Bhai Reports
Gold prices rose on Friday, heading towards their first monthly gain since January on increased safe-haven demand, after U.S. President Donald Trump vowed to levy tariffs on all imports from Mexico, ratcheting up concerns of a global economic slowdown.
Gold’s Path Mixed After Failure to Break $1290 level – Technicals – Gold Silver Reports
Spot gold was down 0.2% at $1,282.73 per ounce by 1200 GMT, having touched its highest since May 17 at $1,287.32 in the previous session.
Indians Top The Chart of Gold Buyers in Dubai’s Gold Sector
Gold Silver Reports (GSR) – Dubai: Indians lead the top 10 nationalities investing in Dubai’s gold sector followed by the citizens of Pakistan, Britain, Saudi Arabia, Switzerland, Oman, Jordan, Belgium, Yemen and Canada, according to a new report.
Physical Gold Prices Up On Jewellers’ Buying
Gold Silver Reports (GSR) – Physical Gold prices rose by Rs. 200 to Rs. 32,870 per 10 grams on Friday, reported news agency Press Trust of India (PTI) quoting the All India Sarafa Association.