Two Gold Bar

An Ugly Day For Gold Silver

Gold Silver Reports (GSR) – An Ugly Day For Gold Silver — For gold bulls, Tuesday’s trade should turn out to be bullish with the blow-off pattern selling on heavy volume. Gold is very close to our $1,280 target, although $1,260 could come into play. Once $1,280 shows, we will be ready to start buying when support holds.

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Spot Gold may Bounce to Resistance

Spot Gold may Bounce to Resistance at $1,302/oz- Technicals

Gold Silver Reports (GSR) – Spot Gold may Bounce to Resistance at $1,302/oz- Technicals — Gold prices recovered some lost ground on Wednesday on short-covering after prices fell to the lowest level this year in the previous session on surging U.S. bond yields and a stronger dollar.                        

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Gold prices

Gold Prices Slip on Easing Demand From Jewellers

Gold Silver Reports (GSR) – Gold Prices Slip on Easing Demand From Jewellers — Gold prices on Monday softened by Rs115 to Rs32,285 per 10 gram on sluggish demand from local jewellers even as overseas trend firmed up. Silver prices also eased by Rs100 to Rs41,300 per kg due to reduced offtake by industrial units and coin makers.                                 

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