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.
Neal Bhai MCX Tips
MCX Natural Gas Prices Short Covering Rally, Support Level 149.50
MCX Natural Gas prices settled up 0.33% at 153.2 on forecasts calling for a little colder weather in late January despite a government report showing a smaller-than-expected storage draw last week.
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।
BASE METAL TIPS – Copper Prices OutLook: Net Longs in the Industrial Metal Grew Slightly
Base Metal Tips – Copper Prices: Net longs in the industrial metal grew slightly as funds marginally cut back on their short positions by 1%. However, copper could be starting to top out as investors refrain from taking up fresh longs.
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.
Safe-Haven Currencies in Demand Amid U.S., Iran Tension
The yen and other safe-haven currencies were in demand on Monday, along with assets such as gold, as investors fretted that the killing of Iran’s most prominent military commander by the United States could trigger a broader Middle East conflict.
![Spot Gold Short-Term Technical Forecast [11 March 2025]](https://www.goldsilverreports.com/wp-content/uploads/2019/01/Gold-bar-5945sdf54@Neal-Bhai-Reports-nbr.jpg)
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.
MCX Natural Gas (NG) JACKPOT Tips Buy CMP 157.60 Target Open – Neal Bhai
Natural Gas (NG) surged as weather forecasts turned cooler which could boost heating demand, and on short-covering.
GOLD WORKING ON A BULL-FLAG BREAKOUT
As we are now officially kicking off a holiday week, actually two with New Years coming up, gold is trying to break above an important threshold. Not an ideal time for this to happen, but if it comes with some push then perhaps as the calendar flips to 2020 it will gain meaning.
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.