Gold Price Alert: Gold bounced up after reaching the target of a Double Top pattern, at $4,005 on Tuesday, but upside attempts have been halted way below previous support, at $4,185, which leaves the immediate bearish trend intact and the $4,000 support area at a short distance.
Precious Metals Slip: The Real Reason Behind Gold and Silver’s Price Drop
Precious Metals Slip: This decline was due to the dollar’s strength and traders taking profits after a sharp rally. Gold (XAUUSD) was currently trading around $4,175, down more than 4% today, hitting a five-day low $4079.55.
Gold Rate Today: अमेरिका में मचा हड़कंप! 100 साल में पहली बार ऐसा उछाल, लोगों के उड़े होश
Gold Rate Today: हाल ही में सोने की कीमत में जबरदस्त बढ़ोतरी हुई है। इस साल सोना करीब 60% महंगा हो चुका है। अमेरिका जैसे अमीर देश में भी अब आम लोगों के लिए सोना खरीदना मुश्किल हो गया है। 100 साल में पहली बार ऐसा हुआ है कि मजदूरी और सोने की कीमत का अंतर सबसे ज्यादा हो गया है।
Stocks Bounce Back as Gold Loses Shine Amid Renewed Investor Confidence
Stocks edged up on Tuesday, taking comfort from a possible easing in trade tensions between the U.S. and China and an ebbing of nerves over credit risks in the banking sector, which in turn nudged gold lower.
Euro Struggles: EUR/USD Slides as Dollar Strengthens Again
The euro is facing sustained selling pressure, primarily driven by a robust US dollar. The greenback is being bolstered by rising Treasury yields and fading market expectations for an early start to the Federal Reserve’s easing cycle.
HDFC & ICICI banks go slow on retail loans
HDFC bank share price: The country’s largest and second-largest private banks, HDFC Bank and ICICI Bank, continued to be cautious in expanding their personal loan books in Q2, particularly in the unsecured segment.
Gold Price Today: Bulls Stay in Control, But Overbought Signals Flash Warning!
Gold Price Today: Gold (XAUUSD) is deepening its rejection from all time highs near the $4,400 mark per troy ounce on Friday, receding to the proximity of the $4,200 zone. A marked rebound in the US Dollar alongside higher US Treasury yields seem to be behind the precious metal pullback.