Silver on MCX settled down 0.14% at 40682 as the dollar firmed and investors took profits after prices gained on dovish signals from the U.S. Federal Reserve and is still on course for a second week of gains. Central bankers need to act quickly and forcefully when rates are low and economic growth is slowing, Williams told.
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Spot Gold Consolidates Level $1452, Below Only Down – Gold Silver Reports
Spot Gold extends its side-trend around the 1440 mark into the mid-European session, having stalled its retreat from 2019 highs of 1454 near 1437 region.
Spot Gold on Thursday Rose 0.3 per cent to $1,422.67 per ounce in Intraday Trade
Spot gold rose 0.3 per cent to $1,422.67 per ounce in intraday trade, after earlier hitting its highest since July 3 at $1,426. The metal gained 1.5 per cent in the previous session. US gold futures jumped 0.9 per cent to $1,424.70 an ounce.
Gold Pullback Before New Uptrend – Gold Silver Reports
The Gold triangle chart pattern is respecting the shallow Fibonacci re-tracement levels of wave 4 vs 3 which is typical behavior for a wave 4 (blue) pattern.
IF Gold Not Cross $1413 Level – Gold Again Down. Wait Don’t Panic (Intraday Outlook)
IF Gold Not Cross $1413 Level – Gold Again Down. Wait Don’t Panic (Intraday Outlook)
MCX Live Tips: Sell Gold MCX 34940—34980 ADD More 35050 Stop Loss 35156 Sell 5 —10 Lots (Stop Loss Must)
Gold MCX 34940—34980 ADD More 35050 Stop Loss 35156 Sell 5 —10 Lots (Stop Loss Must)
Gold failed to capitalize on its early uptick to $1424 area and refreshed session lows in the last hour, albeit remained well within a near three-day-old trading range.
Gold Custom duty increase 10% to 12.50%
Gold custom duty increase 10% to 12.5%..