Silver (White Metal) prices eases from an intraday high of $22.25, marking the failure to extend the bounce off late September levels.
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MCX SILVER TIPS TODAY BY NEAL BHAI, ALL TARGET ACHIVED
Gold Forecast for Next Week: The GoldSilverReports Sentiment Poll points to a bearish shift in the near-term but the average target of $1,770 on the one-week view suggests that losses could be limited. The on-month outlook paints a mixed picture with a 39% bullish bias against a 38% bearish bias.
Gold struggles to capitalize on weak NFP data, holds near $1,770
Live Gold Silver Analysis: Gold spiked to a daily high near $1,780 with the initial market reaction to the disappointing Nonfarm Payrolls data from the US but seems to be having a difficult time preserving its bullish momentum with the 10-year US T-bond yield staying resilient.
MCX Silver Gold Jackpot Tips:
GOLD MCX CMP 49150 ⭐ SILVER MCX 66350 (POSITIONAL TARGET)
MCX Silver yesterday settled up by 2.03% at 65878 after fresh data showed inflationary pressures in the US continue to increase, which could mean the Fed will have to raise interest rates faster than expected.