US-China trade optimism seemed to weigh on the commodity’s safe-haven status. The recent optimism over a possible US-China trade deal remained supportive of the prevalent risk-on mood and continued denting demand for traditional safe-haven assets.
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MCX Gold Day Trading Tips Rocking – Low 37520
MCX Gold Day Trading Tips Rocking – Low 37520
Gold prices are modestly lower in early U.S. trading Tuesday. The safe-haven metals are finding it hard to catch a bid as there is scant risk aversion in the global marketplace at present. December gold futures were last down $1.90 an ounce at 1,455.00. December Comex silver prices were last down $0.001 at $16.885 an ounce.
MCX Silver futures Tips Forecast – Big Down Side Target ₹42700—₹41700—₹40400
MCX Silver futures Tips Forecast – Watch Level ₹45000 Level, Big Down Side Target ₹42700—₹41700—₹40400
The Case for a Silver Price Rally – Gold Silver Reports
White metal Updates – Despite all the bearish developments that we described in the previous analyses, and despite myriads of bearish factors that remain in place for the following months, it seems that the white metal is about to rally. Gold, and mining stocks could move higher as well, and we’ll move to that shortly. For now, let’s talk silver.
Gold Price Remains Weak, Below $1450 Target $1408—$1405 – Gold Silver Reports
GOLD PRICE TECHNICAL ANALYSIS – Financial markets are neither risk-on or risk-off at the moment which makes the sharp sell-off in gold difficult to explain when one of its main drivers remains flat.
Live Gold Price Outlook: Fundamental Analysis Highlights Further Volatility
Gold fell below $1,500/oz. this week and hit a three-month nadir around $1,455/oz. Friday as US dollar strength and a strong risk-on sentiment saw risk-averse asset classes – gold, Japanese Yen and the Swiss France – pushed aside.