Jun 11, 2021 06:14 PM IST
The gold/silver ratio currently stands at 67.96 to 1, which means 67.96 ounces of silver is required to buy an ounce of gold.
- Jun 10, 2021 06:23 PM IST
International Gold is trading with negative bias below $1,900 levels and may continue to decline and test the major support of $1,870-1,860 levels.
- Jun 09, 2021 06:31 PM IST
Gold may remain choppy reflecting volatility in the equity market and the US dollar; however, the general bias may be on the upside unless the US dollar edges up sharply.
- Jun 08, 2021 06:47 PM IST
The broader range on COMEX could be between $1,883-1,908 and on the domestic front, prices could hover in the range of Rs 48,850- 49,250, said Damani.
- Jun 04, 2021 06:30 PM IST
Gold's sharp up move in last few weeks has made it vulnerable to profit taking which may extend further if US dollar strengthens further, said Rao.
- Jun 03, 2021 06:20 PM IST
Technically, International Gold is trading with bearish momentum near $1,900 levels and may continue to decline and test the support of $1,892-$1,885 levels.
- Jun 02, 2021 06:57 PM IST
The broader range on COMEX could be between $1,886-$1,910 and on the domestic front, prices could hover in the range of Rs 49,100 - Rs 49,700.
- Jun 01, 2021 06:01 PM IST
Gold may trade with a positive bias unless there is a substantial recovery in US dollar.
- May 29, 2021 07:50 PM IST
The bullion metal has been trading higher than 20, 50 and 100 days' moving averages but lower than the 5 and 200 days’ moving averages on the daily chart.
- May 28, 2021 07:41 PM IST
Gold may witness choppy trade however bias may be on the downside if the US dollar can recover.
- May 27, 2021 06:48 PM IST
Patel expects gold prices to trade sideways to up for the day with COMEX gold support at $1,890 and resistance at $1,920 per ounce.
- May 24, 2021 06:35 PM IST
Patel expects gold prices to trade sideways to up for the day with COMEX gold support at $1,860 and resistance at $1,900 per ounce.
- May 22, 2021 06:31 PM IST
The yellow metal dropped in three out of five trading sessions on the MCX and ended the week with a gain of Rs 728. COMEX gold, on the other hand, rose $38 or 2.06 percent during the same period.
- May 21, 2021 06:13 PM IST
Gold may remain choppy with US dollar and equities as market players assess Fed's monetary policy stance however failure to break past the $1900/oz level and prospect of tapering of bond purchases by Fed may make it vulnerable to profit-taking.
- May 20, 2021 06:28 PM IST
Major central banks have flagged worries over higher inflation which may support bullion prices.
- May 17, 2021 06:32 PM IST
International gold is trading with marginal sideways to positive bias after breaching the resistance of $1,838-1,846 levels.
- May 16, 2021 04:33 PM IST
Analysts expect gold prices to trade up in the coming week with COMEX spot gold resistance at $1,860 per ounce and support at $1,800 per ounce. The break above $1,860 may lead prices towards $1,890 levels.
- May 14, 2021 06:28 PM IST
Gold may remain choppy reflecting volatility in the US dollar however we expect buying interest to emerge at lower levels as Fed is likely to maintain a dovish stance.
- May 13, 2021 06:29 PM IST
The momentum indicator Relative Strength Index (RSI) is at 53.68 which indicates sideways momentum in prices.
- May 09, 2021 07:42 PM IST
In the medium to long term horizon, gold and silver could continue their upside momentum supported by the dovish Fed.
- May 07, 2021 06:46 PM IST
Gold prices were boosted by a fall in the dollar index and a decline in US bond yields.
- May 06, 2021 06:15 PM IST
As long as prices stay above $1,760 we can expect the positive bias to remain intact but it is required to close above $1800 to continue major rallies, said Hareesh V.
- May 03, 2021 07:35 PM IST
The broader range on COMEX could be between $1758- $1800 and on the domestic front, prices could hover in the range of Rs 46,760- Rs 47,220, said Navneet Damani, Vice President, Motilal Oswal.
- May 01, 2021 05:31 PM IST
Gold prices traded lower during the week as prices struggled to break key resistance levels.
- Apr 30, 2021 05:57 PM IST
The broader range on COMEX could be between $1750- 1780 and on the domestic front, prices could hover in the range of Rs 46,550- 47,020, said Damani.