Gold futures price rebounded Thursday, building on support found as Treasury debt yields declined after the Federal Reserve announced its plans to taper its bond purchases on Wednesday.
Gold futures
Bullion Trading at Premium on Inflation Fears | Neal Bhai
Bullion Trading: Gold rose for a second day as the U.S. dollar extended declines, with investors waiting for comments from Federal Reserve officials this week which could provide insight into the prospects of tighter monetary policy.
MCX Gold Silver Full Target Hit, All Paid Member’s Enjoy
MCX Gold Silver Full Target Hit, All Paid Member’s Enjoy. The gold pair fluctuated in a relatively tight range last week and struggled to make a decisive move in either direction.
Indians Are Selling Their Gold Jewelry to Make Ends Meet
Gold Jewelry: Paul Fernandes, a 50-year-old waiter in India, last year took out a loan using his gold as collateral to pay for his children’s education after losing his job on a cruise liner. This year, he is selling his gold jewelry to meet expenses, after failed attempts at starting a home business and finding another job.
Gold Prices Have Had a Tough Start to The New Year – Neal Bhai
Gold prices have had a tough start to the New Year, with price action proving haphazard. Volatility hasn’t exploded or collapsed, leaving gold prices adrift, easily succumbing to the cross-currents presented by other asset classes, politics, fiscal stimulus speculation, and monetary policy.
Why Gold Prices Slumped ₹2,000 in a Day and Silver Crashed ₹6,000
Silver and gold prices fell sharply in Indian markets, amid a slump in global rates as higher US bond yields and a rebound in US dollar weighed on the precious metal. On MCX, February gold futures slumped ₹2050 to ₹48,818 per 10 gram on Friday while silver futures tanked ₹6,100 or 8.8% to ₹63,850 per kg.
Intraday MCX Gold Tips Rocking 50150 to 50336, Full Target Hit – Neal Bhai
Intraday MCX Gold Tips Rocking 50150 to 50336, Full Target Hit. Gold prices in India rallied 28 per cent in rupee terms so far in the year 2020, following a double-digit gain in the previous year.
Gold Prices Rises as Dollar Dips on Prospect of Higher U.S. Aid
Gold prices rose on Tuesday as the dollar weakened after the approval of larger coronavirus relief checks by Democratic-led U.S. House of Representatives, while improved risk appetite kept it below last session’s one-week high.
Gold, Silver futures gain on spot demand
Gold prices on Monday rose by Rs 204 to Rs 50,751 per 10 gram in silver futures trade as speculators created fresh positions on firm spot demand.
Gold Price Stands at Rs 54,760 Today, Silver at Rs 61,300 – Gold Silver Reports
Gold price in India has plunged by Rs 110 on Tuesday, hitting Rs 54,760 per 10 gram. On Monday, the price of the yellow metal stood at Rs 54,870 per 10 gm.