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MCX Gold Target Price 98,500——99100 Very Very Soon, Buy on Dips. Gold price remains within a striking distance of fresh record highs above $3,400 at the start of a new week
MCX Gold Price Forecast
Overbought gold appears vulnerable to a fall. Here’s what RSI, MACD, other technical indicators suggest
Gold bulls remain in high spirits hitting fresh lifetime highs on a regular basis. On Friday, the MCX gold contracts scaled a peak of Rs 93,588, surging by Rs 1555 or 1.7% taking cues from international prices. Yellow metal prices on the Comex were hovering around $3,237 per troy ounce, up by $59.50 or 1.9%.
Gold price finds demand as US Dollar faces the heat
Gold price is consolidating the rebound from three-week lows of $2,832 early Monday, bracing for an eventful week amid looming US tariffs and the Ukraine truce deal.
MCX Gold Price Today: There will be Fluctuations in the Yellow Metal
MCX Gold Price Today, 27 September 2023: आज के सत्र में सोने (gold) और चांदी में उतार-चढ़ाव रहेगा। सोने को $1877 पर समर्थन (Support) है जबकि प्रतिरोध (Resistance) $1923 पर है। चांदी को 22.50 डॉलर पर समर्थन है, जबकि प्रतिरोध 23.20 डॉलर पर है। भारतीय रुपये के संदर्भ में सोने को 57,900 रुपये पर समर्थन है। जबकि प्रतिरोध 58,800 रुपये पर है। चांदी (Silver) को 70,500 रुपये पर समर्थन है, जबकि प्रतिरोध 72,500 रुपये पर है।
MCX Gold Price Forecast: Investors Await the Decision of The US Fed Meeting
MCX Gold Price Forecast: COMEX gold trades marginally higher near $1672/oz weighed down by firmer US dollar and higher yields as market players position for the Fed decision today.
Goldman’s a Raging Bull on Commodities as Turmoil Aids View
Gold price today are getting influenced by global economic uncertainties, geo-politics, financial unrest, US government credit rating downgrade, increased recession risk, and US-China trade war.