Silver Forecast: A barrage of US labour market data in recent trade gave mixed signals, with ADP’s estimate of employment change for May missing consensus and adding some downside risks to the market’s expectations for a 325K gain in non-farm payrolls in May on Friday.
Commodity News
Commodity News – Real-time Accurate MCX Commodity Market News and forecast for today. Best commodity market online tips through whatsapp and telegram by Neal Bhai.
Gold Price Forecast: MCX Gold June Support 50700 and Resistance 51550, Buy on Dips
Gold Price Today, Gold Price Outlook, Gold Price Forecast: Weakness in the dollar index along with a fall in U.S. Treasury yields from their recent highs has provided a supportive environment for gold.
सोना 1800 डॉलर से उछल रहा है लेकिन रुझान अभी भी मंदी का है।
Gold Forecast Today: सोना 1800 डॉलर के निचले स्तर से उछल रहा है लेकिन कुल मिलाकर रुझान अभी भी मंदी का है। छोटी उछाल इसलिए हो सकती है क्योंकि सोने की कीमतें एक ओवरसोल्ड क्षेत्र के पास कारोबार कर रही हैं
Share Of Gold In India’s Forex Reserves Rises
The share of gold in India’s foreign exchange reserves rose to just over 7% at the end of March 2022, from 5.88% at the end of September 2021, the Reserve Bank of India (RBI) said in a report released on Thursday. At end-March 2022, the RBI held 760.42 metric tonne of gold (including gold deposits of 11.08 metric tonne). “While 453.52 metric tonne of gold is held overseas in safe custody with the Bank of England and the Bank of International Settlements (BIS), 295.82 metric tonne of gold is held domestically,” the central bank said in its half-yearly report on foreign exchange reserves.
Gold Price Today: Gold High 51,320 or Silver (July) tops 64,211
Gold Price Today, Gold Price Outlook, Gold Price Forecast: Gold prices jumped over 1 per cent in India on Thursday, on the back of positive global trends. On Multi Commodity Exchange, gold June futures were ruling 1.12 per cent or Rs 567 higher at Rs 51,320, as against the previous close of Rs 50,610 per 10 gram.
Gold Trading Zone Rs 49300—51500 this week, Traders Wait For Long Positions
Gold Trading Forecast Today: gold has not usually reacted to real interest rates or risk on/risk off sentiment in the stock market. Gold has largely reacted to the US dollar only in last six months; any movement of gold is offset by movement in US dollar and yields.
Gold Forecast for Akshaya Tritiya 2022: Gold Expected Target Price Rs 53500—54500 in 4 months
Gold Forecast for Akshaya Tritiya 2022: Gold is one of the earliest traded assets, much loved by Indians. And with Akshaya Tritiya around the corner, we have one more reason to buy gold.