Gold MCX Tips Today

Buy Gold MCX Tips Today (FEB) 48800 Target 48950 – Open SL Paid

Buy Gold MCX Tips Today (FEB) 48800 Target 48950 – Open SL Paid. Gold prices gained strengthened and silver too was up more than 1 percent in Indian markets in the morning trade on January 29. On the Multi-Commodity Exchange (MCX) track gold prices, February gold contracts were trading higher by 0.25 percent at Rs 49,056 for 10 grams at 0920 hours. March silver was trading 1.3 percent higher at Rs 68,522 a kilogram.

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Gold price

Gold MCX Medium Term Buy Above 48500 Target 49900—50800

Gold MCX Medium Term Buy Above 48500 Target 49900—50800, शुरुआती यूरोपीय सत्र के दौरान सोने में तेजी जारी रही और अंतिम सप्ताह में $ 1857 के क्षेत्र के करीब एक सप्ताह के शीर्ष पर पहुंच गया।

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Gold Price Forecast: Is it good time to buy gold?

  • Gold price fell as much as 1.2% before paring most losses amidbroad ‘risk-off’ sentiment
  • A stronger USD appears to be weighing on precious metal prices while Treasury yields are steady
  • 85% of retail gold traders (within IG)are net long, whereas 15% are net short

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Gold Price Prediction – Prices Consolidate Follow In Line CPI

Gold prices continued to consolidate on Wednesday after hitting resistance. The dollar gained traction as the 10-year yield retraced some of its recent gains. U.S. CPI rose in line with expectations, according to the Labor Department. The House of Representatives moved forward with a vote on the second impeachment of President Donald Trump.

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