EXPECTED MCX Gold Target Today – Below 46100 Target 45740— 45580 – Neal Bhai
iF Hold Below 45965 sell more lots and relaxxxxxxx, NEED PATIENCE
iF Hold Below 45965 sell more lots and relaxxxxxxx, NEED PATIENCE
In the last two weeks, gold price has closed thrice below $1,710 an ounce level and all the rebounds have failed to sustain so far.
Gold Price Trend, Fall for 2nd day, Silver Future Price Rise – Gold prices in India edged lower today but remained in a narrow range after registering a moderate decline in the previous session.
Gold Futures Price : वायदा बजार में सोने की कीमतों में मंगलवार को अच्छी-खासी गिरावट देखने को मिल रही है। एमसीएक्स एक्सचेंज पर मंगलवार सुबह 9 बजकर 24 मिनट पर पांच जून 2020 के सोने का वायदा भाव 376 रुपये की गिरावट के साथ 45,431 रुपये प्रति 10 ग्राम पर ट्रेंड कर रहा था।
Gold Silver Reports (GSR) – At the Multi Commodity Exchange, gold prices for delivery in December was down by Rs 77, or 0.25 percent, to Rs 30,802 per 10 gram in a business turnover of 109 lots.
The global spot silver ($14.65 per ounce) looks much stronger than gold and is likely to outperform in the coming weeks as expected. It seems to have formed a strong base around $14 and could be gearing up for a fresh rally.
Gold is struggling to get fresh buyers that would take it decisively above the psychological level of $1,200. The yellow metal tumbled last week and made a low of $1,181 per ounce. However, it managed to bounce from those levels, recovering some of the loss, and closed at $1,191 per ounce, down 0.7 per cent for the week.