By Administrator_India Capital Sands Gold prices held steady on Monday, buoyed by concerns over inflation after U.S. President Joe Biden announced a $2 trillion-plus jobs plan last week, while a stronger dollar and elevated U.S. Treasury yields limited bullion’s upside. FUNDAMENTALS Spot gold was flat at $1,728.60 per ounce, asContinue Reading
By Administrator_India Capital Sands Gold prices sank more than 1% on Monday, breaking new ground lower after a week of sideways trading, as market participants tried to suss out a clear direction for the yellow metal amid climbing yields and the dollar. Gold for April delivery was Friday’s session settled downContinue Reading
By Administrator_India Capital Sands Gold prices touched a near six-week low on Monday, extending losses from the previous session, as a stronger dollar and higher U.S. Treasury yields pressured the non-yielding bullion. Spot gold fell as much as 1.7% to $1,816.53 per ounce, its lowest since Dec. 2, and wasContinue Reading
By Administrator_India Capital Sands Gold fell on Tuesday as risk appetite was boosted by plans of some countries to ease coronavirus curbs in a phased manner, but prices held above the key $1,700 per ounce level amid hopes for more stimulus to cushion the fallout from the pandemic. *Spot goldContinue Reading
By Administrator_India Capital Sands Gold extended a rally to hit the highest level in more than seven years on concern that the coronavirus pandemic will have a devastating effect on the global economy, hammering corporate earnings while supercharging demand for havens. Bullion has soared as the outbreak tipped economies intoContinue Reading
