Gold prices have performed remarkably well this year, with returns of nearly 20% in the domestic market and almost 30% in the international market so far. The yellow metal has attracted a lot of attention by delivering double-digit returns every year since 2019, except for 2021 when it had a negative return of 4%.
Spot Gold
Gold Short Term Technical Forecast [24 Sep 2024]
Gold Technical Forecast: In the near term, and According to the 4-hour chart, some unconfirmed bearish divergences hint at a potential correction. Technical indicators pulled back from their recent highs with neutral-to-bearish slopes, supporting a near-term retracement. At the same time, Gold (Yellow Metal) keeps developing above bullish moving averages, with the 20 SMA accelerating north above the longer ones and acting as dynamic 1st support at around $2,597, and 2nd support at $2574.
फेड द्वारा और अधिक कटौती की संभावना, मध्य पूर्व में तनाव के कारण सोने में बढ़त जारी
फेड द्वारा ब्याज दरों में और कटौती की उम्मीदों के कारण बाजार में सोने की कीमतों में वृद्धि जारी है। इस तरह की कटौती से सोना, जो एक गैर-उपज वाली संपत्ति है, अधिक आकर्षक हो जाएगा। इज़राइल और लेबनान के बीच बढ़ते तनाव ने कीमती धातु की मांग बढ़ा दी है।
Spot Gold Above $2603, Very Strong Next Target $2618——$2640 [Don’t Even Think About Selling It]
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Spot Gold Holds Above $2,490
Spot Gold held steady above $2,490 per ounce on Wednesday, after retreating in previous sessions, as investors assessed new economic data and its impact on the Federal Reserve’s interest rate outlook.
Gold and Silver prices Today on 29-08-2024: Check latest rates in your city
Gold and Silver Prices Today: Gold prices saw a slight increase on Thursday. The cost of 24 carat gold is Rs.7334.0 per gm up by Rs.71.0. The cost of 22 carat gold is Rs.6717.9 per gm up by Rs.65.0.
Spot Gold Nears All-Time High
Spot Gold climbed above $2,510 an ounce on Thursday, hitting a record high, as prospects of interest rate cuts by the Federal Reserve continued to support the yellow metal while investors awaited fresh cues on the extent of the cuts.
Gold declines on strong US dollar, focus shifts to inflation data; silver down 2.3%
Gold prices fell by approximately 1% on Wednesday, pressured by a stronger U.S. dollar as investors closely monitored key inflation data from the world’s largest economy for indications of the Federal Reserve’s potential interest rate cut in September.
Spot Gold में लगातार दूसरे दिन गिरावट आई, मंदी की संभावना सीमित है।
स्पॉट गोल्ड (Spot Gold) गुरुवार को नरम प्रवृत्ति के साथ कारोबार कर रहा है, जो $2,460 के निशान से थोड़ा नीचे अपने दैनिक उद्घाटन के आसपास मँडरा रहा है। सरकारी बॉन्ड की पैदावार में कमी आने और मामूली उछाल दर्ज किए जाने के कारण अमेरिकी डॉलर में कुछ माँग देखी गई, जबकि शेयर बाजारों में गिरावट के बीच बाजार का मूड खराब हो गया। निराशाजनक अमेरिकी डेटा के साथ-साथ यूरोपीय सेंट्रल बैंक (ECB) की मौद्रिक नीति की घोषणा ने निवेशकों को सुरक्षित खेलने के लिए मजबूर किया।