Gold extended its gains throughout the day today in light of increased risk aversion from market participants. The rise of the risk-off environment today comes courtesy of an explosion of a hospital in Gaza last night which saw both Israel and Palestine trade blame for the atrocity. The impact and fallout spurred renewed concern of a wider conflict which helped Gold accelerate toward the $1950/oz handle.
Spot Gold
Spot Gold Tips, Spot Gold Forecast, Spot Gold Forecast for Today, Spot Gold Tips Today, Spot Gold Price Target, XAU/USD Forecast, XAU/USD Price Forecast.
All Tips (Calls) only for Education purpose.
Gold Prices Bounce Likely Short-Lived As US Rates, China Import Move Both Weigh
Gold Prices managed a little bounce in Friday’s European trade but remain on course for their worst monthly showing since February of this year as a range of fundamental and technical factors make life very tough for the bulls.
Spot Gold Tips For Today: Buy gold spot at cmp 1884
Spot Gold Tips For Today: Buy Spot #gold at cmp 1884—1881 Target Price -1892—1900+ Stop Loss 1870
सोना बढ़ती अमेरिकी पैदावार और डॉलर इंडेक्स के कारण संघर्ष कर रहा है।
अमेरिकी ट्रेजरी यील्ड में बढ़त जारी रहने से यूरोपीय सत्र में सोने में गिरावट बढ़ी, जबकि अमेरिकी डॉलर 106.00 के स्तर से ऊपर बना हुआ है। पिछले सप्ताह फेड की जोखिम वाली परिसंपत्तियों और यूएसडी मूल्यवर्ग की परिसंपत्तियों की गर्मी महसूस होने के बाद से ‘लंबी कथा के लिए उच्चतर’ ने बाजार को जकड़ लिया है।
Gold (XAU/USD), Silver (XAG/USD) Technical Hurdles
Gold (XAU/USD), Silver (XAG/USD) Technical Hurdles: The US Fed meeting was the focus this week and the Fed certainly did not disappoint. An upgrade to the Fed projections saw the Central Bank send a hawkish message as it changed its forecast for rate cuts in 2024, 100bps priced in June down to 50bps at this week’s meeting. At the same time growth forecast were upgraded while the Fed also see the labor market remaining robust.