Gold Silver Sell Karna Mana Hai—— MCX Silver Futures Prices Above 46400 Big Blast, Any Big Panic Buy – Neal Bhai
Gold Updates : MCX Gold Futures Prices Above 38877 Big Blast On Chart – Buy and Sleep
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Gold Silver Sell Karna Mana Hai—— MCX Silver Futures Prices Above 46400 Big Blast, Any Big Panic Buy – Neal Bhai
Gold Updates : MCX Gold Futures Prices Above 38877 Big Blast On Chart – Buy and Sleep
A turn from confluence uptrend resistance around $1525 — $1530 in September has the focus on the correction into the open of 2020 with the threat remaining for a larger decline towards upslope support.
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।
MCX Gold settled down 0.28% at 38971 on profit booking after prices gained as the dollar dipped and U.S. military strikes in the Middle East drove investors towards the safe-haven metal.
The XAU/USD pair rose sharply ahead of the Christmas holiday and extended its rally two days later when investors returned on Thursday. After touching its highest level since early November at $1514 on Friday, however, the pair lost its momentum and was last seen trading flat on the day near $1513.
As we are now officially kicking off a holiday week, actually two with New Years coming up, gold is trying to break above an important threshold. Not an ideal time for this to happen, but if it comes with some push then perhaps as the calendar flips to 2020 it will gain meaning.
Precious metals like gold have a relationship with volatility unlike other asset classes. While other asset classes like bonds and stocks don’t like increased volatility – signaling greater uncertainty around cash flows, dividends, coupon payments, etc. – precious metals tend to benefit during periods of higher volatility.