Tag Archives: gold

Gold and silver posted their biggest weekly losses since March, when the global onset of the coronavirus pandemic caused markets to panic. The dollar won as concerns about the prospects for global economic growth reinforced the currency’s appeal as a safe haven, weakening demand for gold. Fears are growing that …

Gold maintained its strongly offered tone during the first North American session. The setup supports the prospects for an eventual break below the $ 1900 support area. The oversold conditions on hourly charts warrant some caution for bearish traders. Gold extended last week’s rejection slide from short-term downtrend line resistance …

Gold (XAU / USD) broke consolidation mode to the upside, kicking off a great week on the front foot. New geopolitical concerns between Iran and the United States surpassed hopes for the vaccine and lifted the yellow metal. Politico reported that Iran is reportedly plotting to kill a US ambassador …

The spot price of gold today (Rs. 50560.0) is higher than this week’s average of Rs. 50512.86 by 0.09%. The price was higher than yesterday’s value of Rs. 50550.0. Although world gold prices ($ 1929.7) fell 0.09%, spot gold prices in India (Rs. 50560.0) experienced growth of 0.02%. Gold and …

Gold and silver prices in India rose today amid a sell-off in global stocks. On MCX, October gold futures rose 0.3% to ₹50.911 per 10 grams, while silver futures advanced 0.23% to ₹67,080 per kg. Gold prices had fallen for three days in a row, before today. In the previous …

The US dollar licks its wounds, still supporting the rise in gold. The ISM Employment Index and the Employment Index and Manufacturing PMI will improve. The technical setup still favors the XAU bulls. Gold (XAU / USD) has entered a consolidation phase in the European session, with new two-week highs …

[ad_1] Gold prices have rebounded a lot in the past year, especially as central banks around the world are reprinting money to revive their economies. However, in the case of India, it is a little more than that. Mint takes a look at the situation. How much has gold recovered …

[ad_1] Gold prices in India made a big upward move on Friday after falling for four straight days, but closed the week lower. At MCX, June gold futures were up 1.5% o ₹650 to ₹45,556 per 10 grams on Friday, but the week ended approximately ₹1,000 for 10 grams less, …

[ad_1] Editor’s Note: With so much market volatility, stay on top of the daily news! Let yourself be caught in minutes with our quick summary of today’s news and expert opinion. Sign up here! (Kitco News) – Gold prices are registering modest losses in the first US operations on Friday, …

[ad_1] Gold is trading slightly lower shortly after the regular session opening on Monday. The tone in the market is cautious despite a weaker U.S. Dollar, new central bank stimulus and a strong stock market. These could all be signs of topping action. Now we may not see actual selling …