Gold Price News: सोने ने गति पकड़ी और शुक्रवार को अधिकांश साप्ताहिक लाभ मिटाने से पहले जनवरी की शुरुआत के बाद से 2,060 डॉलर से ऊपर चढ़कर अपने उच्चतम स्तर पर पहुंच गया। उच्च स्तरीय व्यापक आर्थिक डेटा रिलीज के अभाव में फेडरल रिजर्व (फेड) के अधिकारियों की टिप्पणियां अगले सप्ताह कीमती धातु के मूल्यांकन पर असर डाल सकती हैं।
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Spot Gold Forecast: Bullion Looks to extend correction
Spot Gold Forecast: The US markets will be closed due to the Labor Day holiday on Monday and as such market action is likely to remain subdued. In the early trading hours of the Asian session on Tuesday, the Caixin Services PMI data from China will be watched closely by market participants. A reading below 50 could remind investors of the slowdown in the world’s second-biggest economy and hurt gold. On the other hand, an unexpected improvement in the data could help the market mood improve, providing relief for the precious metal.
Gold Could Post Additional Losses With a Daily Close Below $1,840
The XAU/USD (Gold) pair started the new year on a firm footing and rose more than 2% on the first trading day of 2021. The pairpreserved its bullishmomentum during the first half of the week and touched its highest level in nearly two months at $1,959 on Wednesday.
Copper MCX Price Target 408—413 – Any Big Panic Buy And Sleep – Neal Bhai
Copper MCX Price Target 408—413 – Any Big Panic Buy And Sleep – Neal Bhai
Shanghai copper prices rose to a near four-week high on Monday as supply worries rose following a fall in inventories and suspension of operations in major producer nations.
Gold Futures Score Highest Finish in Over 6 Years – Gold Silver Reports
Gold Silver Reports (GSR) – The precious metal has rallied 11% this year, with much of the move occurring in the last several months, as concerns around slowing global growth and U.S.-China trade tensions took hold among investors. It continued to tick up on Wednesday after President Donald Trump said he intended to nominate two dovish candidates to the Federal Reserve’s board of governors.
Gold Prices is Ready for Bigger Breakout, According to Technical Chart – Gold Silver Reports
Gold Silver Reports – Gold Prices is Ready for Bigger Breakout, According to Technical Chart Gold hit 14-month highs last week, U.S.-China trade relations and the U.S. Federal Reserve’s plans for monetary policy ahead of a meeting between the central bank’s leading officials.
Gold Settles with a Loss as Investors look to the Outcome of the Fed’s Meeting
Gold settled with a loss on Monday, giving up earlier modest gains as traders looked ahead to the outcome of the Federal Reserve’s meeting.
Copper Price to Spring Back in 2019, Zinc seen Flat
Copper prices are due to rebound next year as healthy supply/demand fundamentals overcome macro-economic worries, but zinc will be held back by rising output, a Reuters poll showed.
Gold Prices Slip, Nicked by Rising Bond Yields – Gold Silver Reports
Gold futures inched lower on Wednesday as elevated bond yields hovered near their steepest since 2011, dulling demand for the precious metal.
Best Run in 11 Years Beckons for Metals as China Drives Rally
Gold Silver Reports — Industrial metals including copper and aluminum are heading for the longest run of weekly gains in London in more than a decade on investor optimism driven by China, with demand holding up in the largest user just as policy makers press on with reforms that should curb supply.