Foreign governments have begun reallocating at least part of their holdings to gold an old market stalwart that once underpinned the global monetary system, but fell out of favor when governments embraced deficit spending and paper money untethered from bullion.
Mcx Commodity Trading Tips
Gold Price Rises as Growth Concerns Dent Risk Appetite
Gold edged higher on Friday as weak economic data from the euro zone exacerbated fears of a global slowdown, weighing on risk sentiment and putting bullion on track for its best week in nearly two months.
Long Term MCX Natural Gas Target 212—224—254 Buy on Dips
Long Term MCX Natural Gas Target 212—224—254 Buy on Dips
Natural Gas on MCX settled down 1.82% at 194.1 on forecasts for moderating weather and declining heating demand over the next two weeks.
MCX Copper Tips – Strong Resistance at 458 level, Sell On Rise – Neal Bhai Reports
MCX Copper Tips – Strong Resistance at 458 level, Sell On Rise – Neal Bhai Reports
Gold MCX Update – No Buying Below 31700 Level – Neal Bhai
Gold MCX dropped as the dollar regained some ground and uncertainty over Brexit eased, but downside seen after tepid U.S. inflation data.
Silver MCX Trading Call – Above 37699 Level, Target 38400—39100 – Neal Bhai Reports
Silver MCX Trading Call – Above 37699 Level, Target 38400—39100 – Neal Bhai Reports
Gold MCX Trading Call – Above 31700 Target 32100—32320 – Neal Bhai Reports
Gold MCX Trading Call – Above 31700 Target 32100—32320 – Neal Bhai Reports
Spot Gold Full Target Done $1310 – Enjoy 🥳
Spot Gold Full Target Done $1310 – Enjoy 🥳
NZ Dollar Falls as Aussie Consumer Sentiment Weakens
The New Zealand dollar fell, dragged lower with the Australian dollar on signs consumer sentiment is weakening across the Tasman.
