gold news
Gold Kiss Five-Month High Amid Political Tensions
Gold Resumes the Bullish rally — Analysis – 13 April 2017
Gold Near 6 Month High, MCX Futures Enjoying Break Above 29K
Gold Silver Reports — Excellent speculative demand and global geopolitical worries pushed Gold near a six month high in Asia today.
MCX Gold Support Level at 28570
Gold Silver Reports — Technically Gold market is under long liquidation as market has witnessed drop in open interest by 8.93% to settled at 3091 while prices down 145 rupees.
GOLD FUTURES EDGES HIGHER
Gold Silver Reports — Gold futures inched higher Friday, adding to weekly gains amid concerns about gridlock in Washington, DC, geopolitical tensions, and slumping equities. Renewed speculation that the Federal Reserve will be very cautious in raising interest rates has also given the precious metal a boost. April gold settled at $1,248.50/oz, up $1.30, or 0.1%, for a weekly gain of 1.5%.
Gold Slips A Little Ahead Of Weekend
Gold Silver Reports — Gold slipped a bit as about two month highs triggered some profit selling. However, the recent recovery has enthused Gold bulls and a further uptick from hereon is quite possible. Indian imports are also rebounding, helping lift the sentiments. COMEX Gold is currently down 0.26% at $1247 per ounce. MCX Gold futures backed off from highs near Rs 28950 per 10 gram levels and ended down 0.30% at Rs 28800 levels. Further losses are possible if the counter drags under Rs 28700 mark today.