Gold prices pared gains on Monday as the dollar NSE 1.93 % recovered losses and stock markets rallied after U.S. President Donald Trump signed a long-awaited pandemic aid bill, while liquidityremained low on account of the holiday season.
Gold Prices
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Gold’s Prices Bull Run To Continue in 2021
Gold prices is set to score the best gains in a decade this year as the pandemic and a gloomy outlook for the world economy sparked a rush towards the yellow metal, considered a safe haven in turbulent times.
Gold Jewellery sale rises 16% in Nov
The average ticket size of silver and gold jewellery sale rose 16% in November compared to the previous month despite gold prices hitting record levels, according to a report.
Gold prices today fall, a day after big gains; silver rates drop
Gold prices and silver prices dropped in Indian markets amid a strong rally in equity markets. On MCX, gold futures edged 0.15% lower to ₹49,879 per 10 gram, after rising to ₹50,175 earlier in the session. Silver futures fell 0.6% to ₹65,057 per kg. In the previous session, gold futures had jumped 1.5% or ₹750 per 10 gram while silver had surged 2.5% or ₹1,600 per kg.
Gold Silver Tips Today – Silver MCX Below 59747 sell And MCX Gold Below 48580 Sell 500—1000 For Target PAID
Gold Silver Tips Today – Silver MCX Below 59747 sell And MCX Gold Below 48580 Sell 500—1000 For Target PAID Stop Loss PAID
Gold, Silver futures gain on spot demand
Gold prices on Monday rose by Rs 204 to Rs 50,751 per 10 gram in silver futures trade as speculators created fresh positions on firm spot demand.
US Presidential Election Timeline and Implications for Gold Prices
The US Presidential election has a historical tendency to influence financial markets as a change in leadership often brings a shift in fiscal policy. For the gold prices, there has been greater responsiveness to the macroeconomic landscape change since President Richard Nixon took steps to end the Bretton-Woods system starting in 1971.