Gold price advanced to the highest in more than a week as gains in bond yields and the dollar abated.
gold technical analysis today
Gold MCX Tips Today All Target Price Hit High 45974; What Next?
Gold MCX Tips Today: Gold yesterday settled up by 1.07% at 45418 as the dollar lost some ground and the yields on U.S. bonds dropped a bit. Data showing an increase in U.S. initial jobless claims also contributed gold’s uptick.
Gold MCX Tips Today 01-04-2021 | Gold All Target Hit
Gold price (XAU/USD) advances during the North American session on Friday, up 0.64% as the US government shutdown extends, while risk aversion keeps US equity markets poised for weekly losses. At the time of writing, Bullion trades at $4,002 after bouncing off daily lows of $3,974.
Gold Price Target for Next Week $1640—$1686
The overall sentiment is bullish for gold next week with the U.S. dollar, safe-haven demand, and heightened volatility selected as the top three triggers that could push the yellow metal higher in the short term.