MCX Gold prices were flat today in Indian markets after a sharprise in the previous-session. On MCX, April futures were down 0.06% to ₹40,220 per 10 gram afterrising about ₹900 in the previous session.
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Spot Gold Below $1513 Target $1482—$1458 – Neal Bhai
GOLD PRICE REBOUNDS FROM KEY PRICE ZONE AS FED DEPLOYS CREDIT FACILITY – The price of gold may extend the rebound from the monthly low ($1451) as the Federal Reserve establishes a Primary Dealer Credit Facility (PDCF), with the operations to “offer overnight and term funding with maturities up to 90 days.”
MCX Gold Below ₹40150 Sell 100—500 Lots and Relaxxxx – Neal Bhai
MCX Gold Below ₹40150 Sell 100—500 Lots and Relaxxxx – Neal Bhai The yellowmetal erased thegains it made for 2020, approaching a new low for the calendaryear. Gold on the MCX Index Aprilfutures was trading at Rs 38,751 per 10 gram, down by 1.9% from its previous close.
Gold Silver Rocket – Jo Dar Gaya Samjho Mar Gaya – Rona Mana Hai
Gold Silver Rocket – Jo Dar Gaya Samjho Mar Gaya – Rona Mana Hai
MCX GOLD HIGH 43653
MCX SILVER HIGH 44675
“Consumers sitting at home and not out spending money because they fear catching the coronavirus is the ultimate negative outcome,” he added. “It has been the U.S. consumer who has been driving the recovery bus during this long expansion.”
MCX Gold Buy 100—500 Lots Between ₹41500—41300 Target Open – Neal Bhai
MCX Gold Buy 100—500 Lots Between ₹41500—41300 Target Open – Neal Bhai. Dow losses reach nearly 9%, putting it on track for worst one-day decline since 1987 crash
MCX Silver Low 43702 Buy 100—500 Lots and Relaxxxxxx – Neal Bhai
MCX Silver Low 43702 Buy 100—500 Lots and Relaxxxxxx – Neal Bhai
Gold Silver Reports – The U.S. central bank slashed rates by 50 basis points, cutting rates outside the normal cycle of meetings for the first time since 2008. Speculation is rife that the European Central Bank will respond to the Fed’s “decisive” interest rate cut with easing of its own.
Commodities Weekly Technical Research Report 09 — 13 March 2020 – Gold Silver Reports
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MCX Live Commodities Weekly Technical Research Report 10 — 14 February 2020 By Neal Bhai Reports CHARTERED FINANCE ANALYST (CFA) India, New Delhi