Gold prices moved up to one-week highs even as Asian stock markets made gains on Monday. Risk appetite remains elevated as Wall Street closes in in on its largest and longest ever bull run but the interest rate environment still looks quite conducive for the non-yielding metal.
MCX Gold Free Tips
Gold Prices Traded in a narrow $3 Range
Gold prices traded in a narrow $3 range on Monday as strong U.S. economic data encouraged investment in riskier assets while limited risk hedging supported the metal.
MCX Gold Future Price Hit Life Time High 41293 as Iran Attacks US Forces
इरान द्वारा इराक स्थित अमेरिका के सैन्य ठिकानों पर रॉकेट हमले करने के बाद से क्षेत्र में तनाव काफी बढ़ गया है और इस कारण क्रूड ऑयल की कीमतों में तेजी देखी गई है। क्रूड ऑयल में तेजी का असर रुपये में गिरावट के रूप में दिख रहा है और रुपये में गिरावट से सोने की कीमतों में तेजी देखने को मिल रही है।
Gold Price Today: Yellow Metal Down, Geopolitical Factors; Buy on dips – Don’t Sell
Gold Silver prices witness very high volatility on Monday. Gold prices tested $1584 per troy ounce to hit a near 7-year high, and silver prices test $18.50 per troy ounce in the international market.
MCX Gold Tips Today – Above 40680 Target 41260—41530, Sell Karna Mana Hai
In global markets, gold prices today surged 1.5% to $1,579.55 per ounce, the highest level in about six years. The gains extended Friday’s surge after a US air strike in Iraq killed top Iranian commander Qassem Soleimani. The killing has heightened concerns of a widening Middle East conflict.
Gold Smuggling on the Rise as High Prices Boost Appeal in India
Surging gold prices in India are keeping customs officials on their toes. Illegal inflows have jumped after the Indian government increased import taxes in July and prices surged to record highs in September.
Spot Gold Eases as Trade Talk Cheer Buoys Risk Appetite – Gold Silver Reports
Gold prices declined in domestic futures trade on October 22 as progress in trade talks between the Washington and Beijing lifted risk-on sentiment.