Gold edged lower after the Federal Reserve kept its monetary policy unchanged without promising any more aid, supporting the dollar and putting bullion on course for the worst start to a year in a decade.
Gold prices have had a tough start to the New Year, with price action proving haphazard. Volatility hasn’t exploded or collapsed, leaving gold prices adrift, easily succumbing to the cross-currents presented by other asset classes, politics, fiscal stimulus speculation, and monetary policy.
Gold Silver Positional Tips Rocking Enjoy Blast Bullion Market. The dollar to rupee conversion today improved to Rs 72 as compared to previous close of Rs 73. The fall of dollar against rupee might influence gold’s rate today reflecting a lower gold price in the domestic markets.
Intraday MCX Gold Tips Rocking 50150 to 50336, Full Target Hit. Gold prices in India rallied 28 per cent in rupee terms so far in the year 2020, following a double-digit gain in the previous year.
The average ticket size of silver and gold jewellery sale rose 16% in November compared to the previous month despite gold prices hitting record levels, according to a report.
Gold Silver Tips Today – Silver MCX Below 59747 sell And MCX Gold Below 48580 Sell 500—1000 For Target PAID Stop Loss PAID Gold and silver prices fell sharply today in Indian markets, continuing their weak trend of recent weeks. On MCX, December gold futures fell ₹800 or 1.6% to ₹48700 per 10 gram while silver futures …