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The gold markets have fallen a bit during the trading session as we dipped. Ultimately, this is a market that looks as if it is forming a hammer.

Gold markets have gone back and forth during the trading session on Friday as we are trying to find a bit of directionality in a volatile situation.

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Gold rate falls for second day in a row to Rs 47,281/10 gm, silver surges by Rs 1,137 a kg In the futures market, the gold rate touched an intraday high of Rs 47,455 and an intraday low of Rs 47,229 on the Multi-Commodity Exchange (MCX). Mumbai / February 15, 2021 / 06:35 PM IST Gold price declined for the second straight day by 105 at Rs 47,281 per 10 gram in the Mumbai retail market on firm rupee and muted global cues. The yellow metal traded in a narrow range amid lack of fresh trigger as US markets were closed for President’s Day. The rate of 10 gram 22-carat gold in Mumbai was Rs 4...

Gold prices drop to Rs 47,386 per 10 gram as dollar recovers; silver slips by Rs 111 a kg The gold-silver ratio currently stands at 69.30 to 1, which means the number of silver ounces required to buy one ounce of gold. Mumbai / February 12, 2021 / 07:00 PM IST Gold prices fell sharply by Rs 582 to hit Rs 47,386 per 10 gram in the Mumbai retail market on rupee appreciation and weak global cues. The yellow metal took a dip as the dollar recovers and US treasury yields surge. However, the bullion metal ended the week with a gain of Rs 149 or 032 percent in the domestic market. The rate of ...