701 per 10 grams on Friday. "Gold witnessed minor buying as the $2,600-level on Comex acted as a temporary support, alongside Rs 75,500 in the domestic MCX market. The momentum remains volatile due to uncertainties surrounding the interest rate cycle." ALSO READ "Although the Fed decided ...
After getting back above the $30 level again last week, the silver price sold off on Friday. And has continued selling off again today. Chris Marcus invited me back on to his Arcadia Economics podcast to talk about the recent gold and silver trading, and the... ...
There was not any physical gold bought or sold. The buyers of the contracts were the banks covering their massive short positions. Unfortunately and by design, we won’t get to see what affect today’s trading had on the COT report structure until a week from Friday because the cut-off ...
Gold:Often seen as a safe-haven investment, gold is traded on COMEX under the ticker symbol “GC.” It serves as a store of value and a hedge against inflation and financial instability. Silver:Like gold, silver is a precious metal that attracts investors seeking a safe place for their ca...
Mcx gold oct future today closed at 31292 with loss of 鈥 0.34%.here on intraday some strength seen but as soon comex breeched major intraday support and entered into bearish zone domestic gold prices also stared to plunge. below monthly level resistance gold now trending towards 30,800.for ...
There are many signals we can use in our search for THE bottom in COMEX gold's seven-month consolidation. Let's explore a few of those today. First, let's note that the current consolidation, though long and grueling, is just a simple basing and flagging phase on the long-term charts...
With the US Federal Reserve expected to hold its key interest rate at near 2-decade highs this Wednesday, the gold price hit new all-time highs in most major non-Dollar currencies – including the Chinese Yuan, Euro, British Pound and Japanese Yen – ahead of tomorrow's Bank of Japan dec...
COMEX is the primary futures and options market for trading metals such as gold and silver. There have been some interesting trends for silver in the COMEX in recent months. More investors are taking delivery of silver. In other words, the short squeeze
This analysis focuses on gold and silver physical delivery on the Comex as we move from September into October. See the article What is the Comex for more detail.
” The Federal Open Market Committee meets next week and financial markets have ruled out any meaningful chance of a rate hike, particularly after the soft U.S. jobs report issued last Friday. As of 9:54 a.m. EDT, Comex August gold was up $5.20 to $1,277.90 an ounce. The ...