Gold Silver Reports (GSR) – The outflow meant asset under management (AUM) of gold funds plunged by 6% from 2017 to ₹4,571 crore in 2018, data with Association of Mutual Funds in India (Amfi) showed.
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Gold Sell MCX Tips Rocking Watch 32330 To Low 31985 Enjoy Sure Tips By Neal Bhai
Gold Sell MCX Tips Rocking Watch 32330 To Low 31985 Enjoy Sure Tips By Neal Bhai
MCX GOLD – 32330 TO 31985 Enjoy = 345 Points
Gold Prices Rally is Put on Hold After ‘Monster’ US Payrolls Gain
The payrolls figures was a “monster number,” said Tai Wong, head of base and precious metals derivatives trading at BMO Capital Markets.
Gold prices fall after 3 days but silver rates top Rs 40,000
In Delhi, prices of gold of 99.9% and 99.5% purities today declined by Rs 145 each to Rs 32,690 and Rs 32,540 per 10 gram, respectively. Sovereign gold, however, remained unchanged at Rs 25,200 per piece of 8 gram.
Gold Futures Trade @ Discount to Spot Prices
MCX February 5 expiry contract witnessed a sudden, intraday fall of 0.85 per cent, or Rs 271, to Rs 31,300 per 10 gm. The gold import duty is 10 per cent.
US Political & Economic Woes Hurt Dollar Boosting Demand For Gold Prices
Despite majority of geo-political and economical issues being initiated by USA, the US dollar basked in all its glory as a safe haven asset backed by strong fundamentals in form of positive US macro data, multiple fed rate hikes and positive price action in US bond market.