Gold Price Forecast: Q1 is not winding down in the way that many Gold bulls had imagined, myself included. For the past two weeks Gold prices have been stuck in a fairly consistent albeit relatively small trading range, spanning about 2% of Gold spot price as a couple of Fibonacci levels have helped to define this mean reversion.
Read moreGold Price Forecast: Big Break Awaits as Gold Goes Range
Gold imports, which have a bearing on the country’s current account deficit (CAD), fell 3.3% to $26.11 billion during April-February 2020-21, according to the commerce ministry data.
Read moreGold imports slip 3.3% to $26.11 billion in Apr-Feb: Govt data
spot gold price forecast 2021 : Gold bulls take a breather after the 2% recovery rally witnessed on Tuesday. The haven demand for the US dollar has returned amid a cautious market mood, as investors await the House of Representatives vote on the Senate’s $1.9 trillion stimulus bill this Wednesday.
Read moreSpot Gold Price Forecast Target Price $1827 | Neal Bhai Reports
Gold prices today built on its goodish intraday positive move and climbed to three-day tops, around the $1720 region during the early North American session.
Read moreGold Prices Today Hit three-day High, Around $1720 level
Will gold prices continue to fall? The rise in interest rates and low liquidity created pressures on the international gold prices during February 2021.
Read moreWill Gold Prices Continue to Fall? | Gold Silver Reports
Gold silver futures prices slip on Tuesday, even as analysts believe the recent risk-off sentiment may revive safe-haven bets for bullion. Analysts said the upcoming announcement of further stimulus measures by the newly elected US government may support gold, as a perfect hedge against possible inflation.
Read moreGold Silver Futures Prices Slip up to 1.5% | Gold Silver Reports