Gold Silver Reports (GSR) – Gold fell pressured by a stronger dollar, but worries over slowing global economic growth and the spectre of another U.S. government shutdown kept the safe-haven metal above the key $1,300 level.
gold rate
Gold Prices Down, Silver Rates Slip
Gold Silver Reports (GSR) – Gold prices today slipped on muted demand from jewellers and muted trend overseas.
MCX Gold Sell Between 33150 – 33250 Aur So Jaao – Neal Bhai Reports
MCX Gold Sell Between 33150 – 33250 Aur So Jaao – Neal Bhai Reports Technical Power of CFA’s (CHARTRED FINANCE ANALYST) “No Magic, No Miracle, Just …
Gold Hovers Around $1300 Bulls Have Momentum
![Gold Price Intraday Technical Forecast By Neal Bhai [08-06-2022]](https://www.goldsilverreports.com/wp-content/uploads/2018/12/gold-silver-shop-neal-bhai-reports.jpg)
Gold Silver Reports (GSR) – European and Asian stock markets were mostly weaker overnight. U.S. stock indexes are pointed toward lower openings when the New York day session begins. There is some risk aversion in the marketplace to start the trading week, which is also benefitting the safe-haven gold and silver markets.
MCX Gold Trading Zone Between 31280—31964 Any Big Panic Buy – Neal Bhai Reports
Gold Silver Reports (GSR) – U.S. Fed chairman Jerome Powell said that he was aware of the risks related to an economic slowdown and would be patient and flexible in policy decisions this year.
MCX Gold Resistance Level 31833, Sell On Rise – Neal Bhai
Gold Silver Reports (GSR ) – Gold Prices remain positive as the ongoing US government shutdown drags on risk appetite, and the uncertainty surrounding fiscal Policy may ultimately push the FOMC to endorse a wait-and-see approach at the next interest rate decision on January 30.
Gold Prices Jump Today But Silver Rates Drop
In global markets, gold prices today edged higher supported by a softer dollar and weakness in the equities market. Overnight, the US Federal Reserve hiked interest rates by 25 basis points, as widely expected, but what took markets by surprise was the US central bank’s commitment to retain the core of its plan to tighten monetary policy, despite rising uncertainty about global economic growth. Spot gold prices rose 0.5% to $1,249.46 per ounce.