The correction in gold prices has triggered fresh retail interest in India. This however allowed dealers to charge higher premiums. On MCX gold futures fell to ₹44271 at day’s low on Friday, near a one-year low of ₹44,150 they touched earlier in the week.
Mcx Gold Commodity Trading Tips
Precious Metal is Proving To Be a Less effective Hedge
Precious metal is proving to be a less effective hedge against moves in other assets, such as stocks, as well as inflation, according to Russ Koesterich, portfolio manager for BlackRock’s Global Allocation Fund. Moreover, gold faces headwinds should the recovery pick up pace, he warned in a blog post.
Gold Price Eyes $1755 Amid Plenty of Health Support Key Levels
Gold price takes a breather after the two-day recovery rally but holds well above the $1697 key level. The returns on the US Treasuries resume the upside on the back of the revival of the reflation theme after Congress passed the $1.9 trillion stimulus bill on Wednesday.
Gold Price Rise As Stimulus, Inflation in Focus | Neal Bhai
Gold price steadied after advancing for two days as investors weighed the prospects of further U.S. stimulus and the latest reading on inflation.
Gold MCX Tips Today : Gold Low 45077 All Target Hit
Gold MCX Tips Today : Gold Low 45102 All Target Hit. Gold prices in India today struggled near 10-month lows amid weak global cues. On MCX gold futures were down 0.6% to ₹45283 per 10 gram, their sixth day of decline in previous seven days. Silver futures were down 0.3% at ₹69000 per kg. Gold is in a sideways trend and MCX gold resistance at ₹45600-45800 levels.
Gold price today trades higher, 46900 Crucial Support
Gold price today : India Gold MCX April Futures are trading in the green on February 16, 2021 following positive trend seen in the international spot prices. Silver March Futures were trading higher by nearly 1 percent.
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