New Delhi: Falling for the second straight day, gold prices on Saturday edged lower by Rs 40 to Rs 32,550 per 10 grams at the bullion market amid tepid demand from local jewellers and a weak trend overseas. But gold prices still remained near six-year high levels.
Gold Price Today
Gold Rally Will Fade, and Prices Could Drop to Lowest Level in Almost Two years
However, John LaForge of the Wells Fargo Investment Institute believes the rally will trip up investors in a matter of months — if not weeks.
Gold Prices Kiss Over Three-Month High
Gold prices have gained more than 6% after falling in mid-August to their lowest since January 2017 at $1,159.96 an ounce. “Now we have risen above the 100-day moving average (around $1,224), which is key, so maybe we can see it rise to $1,250, which could be the next target,” said Commerzbank analyst Carsten Fritsch.
Gold Rate Today 22-Oct-2018: Gold, Silver Down in Morning Trade
Bullion counter may trade on sideways path on mixed fundamentals. On domestic bourses strong local currency can keep price under pressure.
Gold Breaks Out of a Narrow Range, Multiple Indicators Signal Rally Ahead
Gold Silver Reports (GSR) – Previously, we did indicate that record short positions are written in COMEX in the $1,218-$1,220 range so any price movement above that zone will trigger short covering. We already witnessed short covering when gold jumped till $1,232 before retracing back to $1,220.
Watch Silver Gold I Told You Gold Silver Honeymoon Over Silver MCX Low 38336
Watch Silver Gold I Told You Gold Silver Honeymoon Over Silver MCX Low 38336 Don’t Miss It – Fast Join NEAL BHAI REPORTS : Happy Diwali 2018 : Big Offer Start, Just Rs. 31,000 – Diwali 2018 to Diwali 2019 – 1 Year Subscription, All Segment Covered – MCX, NCDEX, NIfty …
Gold Prices Slip Today, Silver Rates slump – Gold Silver Reports
Gold prices today edged lower, tracking a weak overseas trend and subdued demand from local jewellers. But silver prices recorded a sharp fall amid reduced offtake by industrial units and coin makers. Gold prices fell by Rs 30 to Rs 31,870 per 10 gram while silver rates slumped by Rs 500 to Rs 39,300 per kg, according to a report from Press Trust of India. Sovereign gold, however, remained flat at Rs 24,600 per piece of 8 gram.
Read Alert : Gold MCX Update – Just Watch 31570, Agar Gold 31570 Ke Uppar Band Hua – Gold Next Target 31930 —32030
Gold MCX Update – Just Watch 31570, Agar Gold 31570 Ke Uppar Band Hua – Gold Next Target 31930 —32030
Gold Price Kiss Tops ₹ 32,000- Gold Testing Upper Limits
NEW DELHI: Gold surged by Rs 555 to reach Rs 32,030 per 10 gram at the bullion market Wednesday, taking positive leads from global markets amid fresh buying by local jewellers.
Gold Prices Hit over 1 Week High on Soft Dollar – Gold Silver Reports
Global gold prices hit highest in more than a week on Wednesday as the dollar softened and demand for the safe-haven metal got a boost on concerns surrounding Italy’s plans to tackle budgetary deficit. Risk appetite was hit after European Union (EU) officials expressed concerns about Italy’s budget plan, which would widen the deficit significantly.