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MCX Gold Above 51500 Target 53500—54500 – Neal Bhai Reports

Last Updated On July 27, 2020 10:38 PM by Neal Bhai
MCX Gold

Gold yesterday settled up by 0.66% at 51035 amid an escalation in the U.S.-China spat added further safe-haven fuel to a rally to a peak driven by fears over the economic hit from the coronavirus pandemic.

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Conflict Gold in Spotlight as Investors Flock to Precious Metal

Last Updated On July 17, 2020 3:40 PM by Neal Bhai

There’s a big shift in the balance of power in the global gold market. A relentlessly expanding physical hoard of bullion stored in London and New York means exchange-traded funds have usurped managed money in the futures market as the key driver of the price of the shiny metal.

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DISCLAIMER: The views in this story are expressed by the respective experts of the research and brokerage firm. GoldSilverReports.com Online does not bear any responsibility for their advice. Please consult your investment advisor before investing.

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  • Gold Price Forecast: Gold Intraday Chart Update [09 May 2025]
  • Operation Sindoor Shakes Stock Market: Nifty50 Falls Below 24,100, Sensex Drops Over 800 Points
  • Pakistan Stock Market Update: What’s Happening Today?
  • US Federal Reserve Will Likely Keep Interest Rates the Same
  • Gold Prices Drop as US-China Trade Talks Look Hopeful; Investors Watch Fed Meeting

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