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Federal Reserve Chairman Jerome Powell drowned US Dollar, Jumped Gold Price
Gold Price Forecast: On Wednesday, Fed Chair Jerome Powell marked his first public appearance after November’s Federal Open Market Committee (FOMC) meeting while speaking at the Brookings Institute on the economic outlook, inflation and employment.
MCX Gold Intraday Forecast: All Target Hit 52625 to 52405
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Gold Price Forecast: Gold Maintains Modest Gains Near $1,672 Area
Gold Price Forecast: Gold attracts fresh buying near the $1,658 support area on Wednesday and snaps a five-day losing streak to over a one-week low. The gold (Yellow Metal) holds on to its modest intraday gains, around the $1,672 region through the first half of the European session, though the uptick lacks bullish conviction.
Gold Forecast Today: Yellow Metal Mrches towards $1,680 amid lower consensus for US ISM data
Gold Forecast Today: Gold price (Yellow Metal) has given an upside break of the minor consolidation, in early Asia, formed in a $1,665. The precious metal is marching towards the critical hurdle of $1,680.00 as the market participants are expecting a decline in the US ISM Manufacturing PMI data, which will release on Monday.
Digital Gold Firm Plans Metal Leasing for India’s Jewelers
Digital Gold Firm Plans: After giving Indians the option to buy gold online for as little as 10 rupees (12 cents), digital gold provider SafeGold is planning to let its customers lease their metal to credit-starved small jewelers.