Gold Price Intraday Technical Forecast By Neal Bhai [08-06-2022]

Price of Gold Futures Fundamental Weekly Forecast Rising

Gold futures settled sharply lower last week, pressured by a stronger U.S. Dollar, which dampened demand for the dollar-denominated asset. A weaker Euro also indirectly drove gold prices lower. The headlines blamed stronger-than-expected U.S. manufacturing data for underpinning the dollar, but that doesn’t make sense to me since U.S. Treasury yields dropped all week until Friday’s steep rally.

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Gold Silver Tips Today

Gold Silver Tips Today Buy Call Rocking Hit All Target – Neal Bhai

Gold Silver Tips Today : On Multi Commodity Exchange (MCX), the gold futures contract traded flat and silver futures edged lower, following a positive start on Wednesday. At 12:53 pm, MCX gold futures for a delivery on October 5 quoted 0.04 per cent lower at ₹ 50,944, while silver futures were down 0.56 per cent (Rs 357) at ₹ 63,650.

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