The overall sentiment is bullish for gold next week with the U.S. dollar, safe-haven demand, and heightened volatility selected as the top three triggers that could push the yellow metal higher in the short term.
mcx gold live chart
MCX Crude (Dec) Pani Pani All Target Done Watch Low 4017 – Fast Join Day Trading for Small Trader’s
Russia unlikely to agree to deepen oil output cuts – Citing three sources familiar with talks, Reuters on Tuesday reported that Russia was unlikely to agree to deepen additional oil output cuts at the Organization of the Petroleum Exporting Countries’ (OPEC) meeting in Vienna on December 5th.
WTI Crude Oil Price Touch Trendline Support, Bears in Control – Neal Bhai Reports
The WTI Crude Oil price of oil was lower again on Friday, with West Texas Intermediate crude travelling from a high of $56.75 to a low of $54.79 and ending the day down -0.80%. Prior to the cash close, WTI crude for November delivery has dropped lost 50 cents, or 0.9%, to settle at $55.91 a barrel on the New York Mercantile Exchange.
Gold MCX Alert – Gold Strong Resistance 31820 – Neal Bhai Reports
Gold MCX Alert – Gold Strong Resistance 31820 – Neal Bhai Reports -Gold prices have stalled the upside since the past month after the market speculators trimmed the bets of interest rate cuts this year. The Fed’s slightly hawkish policy meeting last week pushed the dollar higher.
Gold Prices Break 2-Day Falling Streak – Gold Silver Reports
Gold Silver Reports (GSR) – Gold prices on Thursday rose by Rs. 150 to Rs. 32,870 per 10 grams on fresh buying from jewellers, reported news agency Press Trust of India (PTI) quoting the All India Sarafa Association. Silver also gained Rs. 295 to Rs. 38,520 per kg on more offtake by industrial units and coin makers.