Gold price surges to a one-month high. Should you buy now?

Gold price surges to a one-month high.  Should you buy now?

Gold price today: On account of rising concern of slowdown in global economic activities and escalation in US China tension, gold prices surged to a one month high in the week gone by. Gold price October future contract on Multi Commodity Exchange (MCX) finished at ₹51,864 per 10 gm whereas the spot gold price ended … Read more

Bank of England to OPEC meeting: Top 5 triggers for gold price in the near term

Bank of England to OPEC meeting: Top 5 triggers for gold price in the near term

Gold price shot up by nearly 2.39 per cent in the week gone by, while carrying forward the positive momentum of the previous week driven by a ‘mildly hawkish’ stance of the US Fed on interest rate hike. as expected, the US central bank raised the interest rate by 75 bps for the second month … Read more

Gold price dips over ₹ 1000 this week. Is this correction a buying opportunity?

Gold price dips over ₹ 1000 this week.  Is this correction a buying opportunity?

Gold price today: After witnessing a bumpy ride throughout the week gone by, gold price on Multi Commodity Exchange (MCX) logged 2.20 per cent weekly loss and ended at ₹50,810 mark on Friday. Sharp impulse in dollar index and US Fed’s hawkish stance on interest rate hike amid rising fear of global inflation were among … Read more

Gold Price Today: Weaker Rupee to hold yellow metal slide domestically, amid strengthening Dollar; analyst suggests strategy

Gold Price Today: Weaker Rupee to hold yellow metal slide domestically, amid strengthening Dollar;  analyst suggests strategy

Gold Price Today: Expert Anuj Gupta recommends a buy strategy for MCX August Gold Futures for the intraday traders at Rs 50500 with a stop loss of Rs 50250 and price target of Rs 50900.