Gold Price Forecast & Analysis: Gold is edging higher in Tuesday’s trading so far, benefiting from falling Treasury yields and tepid risk tone. Markets appear to have turned risk-averse, re-assessing their bets on faster US economic recovery amid a potential hike in tax rates while covid restrictions in Europe also dampen the mood.
Gold Technical Price Outlook
Gold prices Trading in a Narrow Range | Gold Silver Reports
Gold prices have been trading in a narrow range since they marked a 9-month low on the 8th of March, with attempts to push higher being weakened by growing interest around bond yields, which is, in turn, keeping the US Dollar supported around 4-month highs.
Gold prices Today Jump to one-month High, Silver Rates Surge ₹3,600
Gold prices Today: Gold and silver prices surged today in Indian markets tracking firm international prices. On MCX, February gold futures jumped 1.4% to one-month high of ₹51,009 per 10 gram while silver futures surged 5.4% or ₹3,600 to ₹71549 per kg. In the previous session, gold futures had edged 0.17% after three days of up-move lower while had fallen 0.6%.
Buy Gold Silver, Don’t Sell Bullion – Buy Slowly Every Dip
Buy Gold Silver (Bullion): After receiving a wave of retail attention earlier this year and briefly trading above $30 an ounce, Silver’s mainstream media coverage is fading. But traders are still buying up the precious metal on every dip, as it is still extraordinarily cheap relative to its peers.
Gold Price Forecast: Gold $1,778 Level hurdle on Fed day
Gold Price Forecast: Gold picks up bids to $1,737.30, up 0.33% intraday, ahead of Wednesday’s European session as geopolitical risk catalysts join the US dollar’s pre-Fed dull performance.
Gold Price Trading Range $1713——$1777, FOMC awaited
Gold Price Trading Range $1713——$1777, FOMC awaited. Gold extended its sideways consolidative price action and remained confined in a range around the $1730 region through the Asian session.
GOLD PRICE WEEKLY FUNDAMENTAL FORECAST – BEARISH
Gold price weekly fundamental forecast : Gold silver prices perked up a bit last week to put an end to their recent string of losses. Gold notched a gain of 1.44% while Silver edged 2.74% higher on balance.