Spot gold prices fell 1% to $1,851.50 per ounce by 10:10 a.m. EST (1510 GMT), retreating from a two-week high hit on Thursday. The metal was up 1.4% so far this week.
gold market analysis
सोने की कीमत का पूर्वानुमान: बिडेन के उद्घाटन के दिन सोने को 200-डीएमए से ऊपर स्वीकृति की आवश्यकता
सोने की कीमत का पूर्वानुमान : अतिरिक्त प्रोत्साहन की संभावनाओं के बीच अमेरिकी डॉलर के स्थिर रहने से सोना (XAU / USD) मंगलवार को $ 1840 के आसपास ऊंचा हो गया। अमेरिकी ट्रेजरी सचिव नामित जेनेट येलेन ने सीनेट के समक्ष अपनी गवाही में एक बड़ी उत्तेजना के पक्ष में तर्क दिया, बाजार के मूड के साथ-साथ शेयरों को बढ़ाया । जोखिम-पर पर्यावरण ने अमेरिकी डॉलर की सुरक्षित-हेवन अपील को आकर्षित किया। अमेरिकी ट्रेजरी की पैदावार में कमजोरी का फायदा गैर-उपज वाले सोने को भी मिला।
Gold Edged up, Bullion Has Been Pressured lately By Stronger Dollar
Gold edged up, recovering from an almost seven-week low, amid caution in markets as investors assessed the outlook for the dollar and the timeline for a U.S. stimulus package.
Gold Spot Below $1852, Door Open $1780 — $1740 – Neal Bhai Reports
Gold Spot Below $1852, Door Open $1780 — $1740. Gold and silver prices suffered steep losses on Friday, tracking a sharp decline in global rates. On MCX, February gold futures slumped 4% or ₹2050 to ₹48,818 per 10 gram while silver futures tanked ₹6,100 or 8.8% to ₹63,850 per kg. In global markets spot gold dropped nearly 4% to $1,833.83 per ounce as a jump in US Treasury yields hammered bullion’s safe-haven appeal.
Broad Risk-on Sentiment Weighed on the US Dollar, Buying Precious Metal Prices
Precious Metal Prices : Gold prices rallied as much as 1% on Monday after President Trump signed a $2.3 trillion bill that contains $900 billion in pandemic relief aid and $1.4 trillion in government spending to fund federal agencies.
Gold Price Forecast 2021 : Gold 1Q Outlook Bullish Headed, Target $1965
What started with a bang is now ending with a whimper. After a meteoric rise in gold prices through the first three quarters of 2020 (gaining +24.3% from January 1 through September 30),gold prices cooled off in 4Q’20, having lost around -1% at the time this forecast was written in December 2020.
Spot gold Prices Have Been on The Front Foot in Recent Trade
Spot gold prices have been on the front foot in recent trade, with a boost coming at 13:30GMT in the form of slightly softer than expected US Consumer Price Inflation numbers. Spot gold popped above the $1840 level and Wednesday Asia session highs at $1842, but has so far failed to break above $1850. As things stand, the precious metal trades with gains of close to $8 or 0.5% on the day.