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Gold price today – Yellow metal trades lower amid volatility, but may move above Rs 40K soon Pritam Patnaik of Reliance Securities advised buying gold February in the range of Rs 39,900-39,850 with a stoploss at Rs 39,790 and target of Rs 40,100 levels.   1. USA | The largest economy in the world has the most gold, nearly double of Germany, at 8,133.5 tonnes. Gold futures traded lower amid volatility in the morning on January 20, after rallying more…

Gold futures gain for the session, but end little changed for the week Palladium futures soar to more record highs Gold futures moved higher on Friday, but the yellow metal barely budged for the week as stock rallied to all-time highs, helping to undercut some demand for assets perceived as havens. “Gold has struggled to shine this week as positive economic data from the United States and China cooled concerns over the global economy,” said Lukman Otunuga, senior research analyst…

Domestic Silver gained 20% in 2019. Will the momentum continue? Silver always lags behind gold price performance. Historically, gold triggers the initial move in bullion complex and, eventually, silver gains traction. Silver has caught up with Gold’s momentum and ended the previous year by gaining more than 20 percent. Prices of the precious white metal in the domestic market jumped to a six-year high due to robust overseas prices and weak Indian rupee. Silver always lags behind gold price performance.…

Gold prices today rise for third day in a row, silver rates up Gold prices may remain in a range in near term, say analysts Silver prices also rose today, tracking gold Gold and silver prices edged higher today in India, tracking muted gains in global markets. February gold futures prices on MCX were up 0.20% to ₹39,761 per 10 gram, extending gains to the third day. Tracking gold, silver also edged higher. On MCX, silver prices rose 0.28% to…

Gold prices rise after 2-day skid as U.S. and China make Phase 1 trade deal official Gold futures marked their first gain in three sessions Wednesday, as U.S. benchmark stock indexes eased back from the day’s high following the official signing of the U.S.-China Phase 1 trade pact, and the U.S. House of Representatives’ vote to send articles of impeachment of President Donald Trump to the Senate. As gold prices settled, the S&P 500 index SPX, +0.19% pulled back from…

Gold prices rise today after two-day fall, silver rates jump Gold prices in India are still down about ₹1,600 per 10 gram in about a week Gold rates hit a record high last week Gold and silver prices rose today in Indian markets, snapping their recent declining streak. On MCX, gold futures rose 0.63% to ₹39,695 per 10 gram, after declining over in the past two days. Silver also followed a similar trend. On MCX, silver futures rose 0.82% to…

Don’t panic about Iran – but don’t sell your gold either “Gold has had one of its more excitable runs since the start of the year. It surged so much in the wake of the Iran airstrikes that it even drew the attention of the broadsheet financial press. So naturally, the price was bound to tank shortly afterwards. Which is precisely what happened this morning. If you’re a gold investor, you might be fretting that gold’s high point for 2020…