Gold and Silver Hold Key Support as Markets Stabilise
Gold and silver prices have stabilised slightly after recent declines, with analysts pointing to oversold conditions and key support levels holding ahead of this week's FOMC meeting.
Gold Market
Tagged: silver
Gold rises Rs 1,300 per 10 gram, silver jumps Rs 4,000 ahead of Fed
Gold and silver prices rose in domestic markets on Wednesday, with MCX gold futures gaining Rs 1,300 per 10 grams and silver climbing Rs 4,000 per kg ahead of the US Fed decision.
Gold-silver ratio remains useful indicator, study finds
A study featured in the Silver Institute's Silver News finds the gold-silver ratio remains a relevant technical indicator, with a tendency to revert to a mean of around 60-1. Recent official sector gold demand has pushed it above average, but reversion is still expected.
Gold edges higher on soft dollar as markets await US inflation data
Gold and silver gained internationally as the dollar softened. Traders are watching US inflation data for clues on the Fed's next move.
Gold vs silver after Warsh remarks: stability or upside?
Gold and silver have rallied sharply, but renewed US rate hike fears after Fed Chief Kevin Warsh's Jackson Hole speech have clouded the near-term outlook. We compare the two metals.
Gold and silver outlook: Long-term horizon advised after big rally
After a strong rally in gold and silver, ICICI Direct's Pankaj Pandey advises investors to adopt a long-term perspective and not chase short-term gains.
How Gold Compares with Silver, Platinum and Palladium as an Asset
Gold, silver, platinum and palladium each have distinct supply, demand and market characteristics that affect their behaviour as assets.
Gold price outlook: resistance at $4800-$5000 and potential pullback
An analyst suggests gold could reach the $4800-$5000 resistance zone, but a short-term pullback of 5-7% is possible. Silver and the GDX ETF may fall 10-20%.
Gold and silver rise on softer oil, weaker dollar, Jackson Hole focus
Gold and silver opened higher on the MCX on Thursday, supported by falling oil prices and a softer dollar, as traders look ahead to Fed Chair Kevin Warsh's Jackson Hole speech.