Gold Price Forecast & Analysis: $1750 to Cap The Upsider

MCX Gold to Trade Sideways: Support at Rs 50300 [29-Aug-2022]

Gold Price Forecast & Analysis: Gold is edging higher in Tuesday’s trading so far, benefiting from falling Treasury yields and tepid risk tone. Markets appear to have turned risk-averse, re-assessing their bets on faster US economic recovery amid a potential hike in tax rates while covid restrictions in Europe also dampen the mood.

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Gold MCX Tips Today 01-04-2021 | Gold All Target Hit

Gold MCX Tips Today

Gold price (XAU/USD) advances during the North American session on Friday, up 0.64% as the US government shutdown extends, while risk aversion keeps US equity markets poised for weekly losses. At the time of writing, Bullion trades at $4,002 after bouncing off daily lows of $3,974.

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Silver MCX Tips Today 01-04-2021 | Silver All Target Hit

Silver MCX Tips Today

The correction in Gold and Silver has continued at the start of the new trading week. The price of Gold lost more than 3% yesterday, slipping below the $4,000 per troy ounce mark for the first time in three weeks. Today, the price fell further to below $3,900, Commerzbank’s commodity analyst Carsten Fritsch notes.

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