Commodities
Gold - July 28, 2020 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC securities
Posted On:
2020-07-28 10:29:29
(Time Zone: Arizona, USA)
Gold prices pared early gains with COMEX spot gold prices fell to $1923 after hitting record highs at $1981. Gold prices at MCX for August contract were trading down to Rs. 51743 with correction in global gold prices. Gold prices witnessed selling on Tuesday with a recovery in dollar index after the US prepared to unveil a new aid package of $1 trillion. If passed, the bill will slash by two-thirds supplemental unemployment benefits of $600 a week that expire at the end of the month. The package would include payments of $1,200 as well as loan packages for businesses. Gold prices also traded under pressure after China's gold consumption fell to 323.29 tonnes, by 38% year-on-year in the first half of 2020. We expect gold prices to resume uptrend after today's correction with resistance at $1980 and support at $1900. MCX Gold August has important resistance at Rs. 52400 support at Rs. 51400.
Source: Equity Bulls
Click here to send ur comments or to feedback@equitybulls.com
Other Headlines:
Copper - Jan 15, 2021 - Reliance Securities
Crude Oil - Jan 15, 2021 - Reliance Securities
Crude Oil - Jan 15, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities
Gold - Jan 15, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities
Silver - Jan 15, 2021 - Reliance Securities
Gold - Jan 15, 2021 - Reliance Securities
Copper - Jan 5, 2021 - Reliance Securities
Crude Oil - Jan 14, 2021 - Reliance Securities
Silver - Jan 14, 2021 - Reliance Securities
Gold - Jan 14, 2021 - Reliance Securities
Crude Oil - Jan 14, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities
Gold - Jan 14, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities
Crude Oil - Jan 13, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities
Gold - Jan 13, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities
Crude Oil - Jan 13, 2021 - Reliance Securities
Silver - Jan 13, 2021 - Reliance Securities
Gold - Jan 13, 2021 - Reliance Securities~
Base Metals - Jan 11, 2021 - Mr. Tapan Patel- Senior Analyst (Commodities), HDFC Securities
Crude Oil - Jan 11, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities
Gold - Jan 11, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities
Crude Oil - Jan 11, 2021 - Reliance Securities
Silver - Jan 11, 2021 - Reliance Securities
Gold - Jan 11, 2021 - Reliance Securities
Views on Copper - Jan 11, 2021 - Reliance Securities
Crude Oil - Jan 8, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities
Gold - Jan 8, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities
Crude Oil - Jan 8, 2021 - Reliance Securities
Silver - Jan 8, 2021 - Reliance Securities
Gold - Jan 8, 2021 - Reliance Securities
Crude Oil - Jan 7, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities
Gold - Jan 7, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities
Crude Oil - Jan 7, 2021 - Reliance Securities
Silver - Jan 7, 2021 - Reliance Securities
Gold - Jan 7, 2021 - Reliance Securities
Crude Oil - Jan 6, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities
Gold - Jan 6, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities
Silver - Jan 6, 2021 - Reliance Securities
Crude Oil - Jan 6, 2021 - Reliance Securities
Gold - Jan 6, 2021 - Reliance Securities
Crude Oil - Jan 5, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities
Gold - Jan 5, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities
Crude Oil - Jan 5, 2021 - Reliance Securities
Silver - Jan 5, 2021 - Reliance Securities
Gold - Jan 5, 2021 - Reliance Securities
Base Metals - Jan 4, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities
Crude Oil - Jan 4, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities
Gold - Jan 4, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities
Crude Oil - Jan 4, 2021 - Reliance Securities
Silver - Jan 4, 2021 - Reliance Securities
Gold - Jan 4, 2021 - Reliance Securities
Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033, Tamil Nadu, India
disclaimer
copyright © 2005 - 2020