Conflict between Iran and Israel: Expect a gap-up opening in gold and silver. Here’s how to trade precious metals on Mondays

Gold and silver traders can expect some fireworks on Monday after Israel launched a pre-emptive strike on Iran on Saturday with the help of the United States, plunging the Middle East into a new bout of military confrontation.The strike is expected to further dim hopes for a diplomatic solution to Tehran’s long-running nuclear dispute with […]

Gold price stable at Rs 1.30 lakh. Will it break above the resistance at Rs 1.31 lakh given cautious global cues?

Gold prices in Delhi remained unchanged at Rs 1,30,770 per 10 gram for 24-carat purity on Wednesday, remaining steady even as global markets turned cautious ahead of key US economic data. 22-carat gold prices also remained stable at Rs 1,19,890 per 10 grams. In the retail market, 24-carat gold was worth Rs 13,099.06 per gram, […]

Gold prices fall by Rs 2,100 and are trading below Rs 1.19 lakh. What do graphs say about rebound?

After a four-hour delay in the start of trading on the MCX, gold and silver futures opened lower on Tuesday, extending their losses for the second straight session, tracking weakness in global markets and reducing demand for safe havens. On the Multi-Commodity Exchange (MCX), gold futures traded at Rs 1,18,864 per 10 gram in December, […]

Gold prices plunge 6%, silver crashes more than 4% as the US-China trade deal hopes to make gains. What should investors do?

Gold and silver futures opened in the red on Wednesday, October 22, on the Multi Commodity Exchange (MCX), as easing trade tensions between the US and China presented investors with an attractive opportunity to book profits. The December gold futures contract opened at Rs 1,20,600 per 10 gram, down above Rs 7,000 or 6%, while […]