MCX Gold Looks Like Descending Hawk Pattern, We See Big Move Here 500—800 Point
Don’t Miss It
gold rate
Why are Yellow Metal Prices Very High? – Gold Silver Reports
Gold (Yellow Metal), once mocked for its lack of yield and practical use, offers something the growing pile of negative-yielding bonds doesn’t – inflation protection. Plus, it makes a great doorstop.
देश में सोने की मांग में भारी कमी
देश में सोने की मांग में भारी कमी आई है। 5 जुलाई को बजट पेश होने के बाद पिछले सिर्फ 10 दिनों में ज्वेलरी की डिमांड करीब 90 फीसदी तक गिर गई है। आवाज़ की पड़ताल में ज्वेलर्स ने ये बात बताई है। दरअसल बजट में सोने पर इंपोर्ट ड्यूटी 2.5 फीसदी बढ़ने से घरेलू बाजार में एक झटके में सोना करीब 800 रुपए महंगा हो गया है।
The Right Time to Buy Yellow Metal – Gold Silver Reports
Gold prices surged last month to its six- year high of almost ₹34,500 per 10 grams in the domestic market and $1439 per ounce globally, supported by a combination of factors from geopolitical tension between US and Iran and on expectation of US Fed lowering rates in 2019 on concerns over global slowdown,”. However, post the rally we saw a sharp correction in gold.
Gold Prices Today Fell Sharply in India – Gold Silver Reports
Gold Silver Reports (GSR) – Gold prices today fell sharply in India, mirroring a big decline in global prices. On MCX, gold futures for August delivery fell below the ₹34,000 per 10 gram, when they declined 1.2% to ₹33,810. The October gold contracts on MCX also fell sharply but managed to hold on to ₹34,000 level.
Gold Technical Analysis – 4 Hour Chat Show Support $33,331 Below We See ThunderStorm – Neal Bhai
Gold Technical Analysis – 4 Hour Chat Show Support $33,331 Below We See ThunderStorm – Neal Bhai
Gold Technical Analysis Unless Breaking $1,403 Support Turned Resistance – Neal Bhai
The long road to have a trade deal with the US, statements like Mexico and China can be partners against US pressure are likely showing Chinese media’s lack of appreciation to the recent trade truce.