“The equities are looking a little heavy up at these levels and yesterday’s speech by Fed Chairman Powell felt like Fed might adopt a dovish stance on rates moving forward, which is lending a lot of support to gold,” Haberkorn added.
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MCX Gold Resistance Level 31833, Sell On Rise – Neal Bhai
Gold Silver Reports (GSR ) – Gold Prices remain positive as the ongoing US government shutdown drags on risk appetite, and the uncertainty surrounding fiscal Policy may ultimately push the FOMC to endorse a wait-and-see approach at the next interest rate decision on January 30.
Gold Prices Headed Higher in 2019, Say Analysts
Gold Silver Reports (GSR ) – Spot bullion hit a six-month high on Friday, topping $1,280 an ounce, as investors favored defensive assets, adding to holdings in exchange-traded funds over the month.
MCX Zinc Price Below 186 Target 176—163 – Neal Bhai Reports
Gold Silver Reports (GSR) – MCX Zinc settled down 3.06% at 181.95 as pressure continues on an expected surge in refined zinc output after a clutch of new mine openings has been derailed by bottlenecks at smelters across Asia, putting the brakes on an eye-watering price fall.