Enjoy MCX Gold Silver Bloodbath – JO DAR GAYA SAMJHO MAR GAYA – The XAU/USD pair fell sharply in the last minutes and touched its lowest …
Gold prices are rolling over, and I see the potential for a bearish breakdown as soon as next week.
Gold and silver prices in India edged higher today after a sharp fall in the previous session. On MCX, gold futures rose 0.7% to ₹51870 per 10 gram while silver futures gained 0.8% to ₹69300 per kg. In the previous session, gold futures had tumbled 1% or about ₹500 while silver had slumped 1.5% or ₹1050 per kg. Gold has traded in a range after hitting record highs of ₹56200 last month.
Bullion Swings Between Loss and Profit, Silver Price Gains also, Gold price rally fizzled after Comex futures climbed back above $2,000 an ounce, with the dollar erasing losses and a U.S. report adding to signs of a recovery in global manufacturing.
Gold Fever : In the 19th century California goldrush, the surest way to a fortune, according to Mark Twain, was to be in the “pick and shovel business.”
Silver MCX Today Tips Rocking Hit Full Target, Paid Member Mint Money. The dollar steadied as upbeat figures on U.S. employment and lackluster economic data from China put the brakes on a sell down of the world’s reserve currency.
Silver MCX Bole Boom Boom, Watch High 75751, Rona Mana Hai Trade With Neal Bhai, — Rising cases of COVID-19 across the world especially in the US has lead analysts to believe that another round of stimulus could be in the offing. The world’s largest economy has already announced a $3 trillion stimulus package, but the Democrats have asked for an addition $400 billion in fiscal measures. The two sides have been negotiating for a week now.