Gold Price Analysis: Impact of US Dollar Surge and Debt Ceiling Updates on Gold Market

Gold Price Analysis: Gold prices (सोने की कीमतों) are experiencing losses, reaching a six-week low near $1,950 on Friday morning. This decline is attributed to a temporary pause in the upsurge of the United States Dollar (USD), as the market awaits updates on the US debt ceiling issue and the upcoming speech by US Federal Reserve (Fed) Chair Jerome Powell later in the day.

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MCX Aluminium Tips: Everything You Need to Know Before Trading Aluminum on the MCX

MCX Aluminium Tips: Aluminum is one of the most widely used metals in the world, and its trading on the Multi Commodity Exchange (MCX) has become a popular investment opportunity for traders looking to diversify their portfolios. In this article, we will discuss MCX Aluminium tips that every trader should be aware of before entering the market. We’ll cover everything from understanding the basics of aluminum trading to developing a winning trading strategy.

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MCX Nickel Tips: An Ultimate Guide to Investing in Nickel Futures

MCX Nickel Tips: Investing in commodities can be a lucrative option for traders who are looking to diversify their portfolio. One such commodity is nickel, which is used extensively in industries such as stainless steel production, batteries, and electrical equipment. In this article, we will provide you with essential MCX nickel tips that will help you invest in this commodity effectively.

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Gold Update: Below 56900 Sell on Rise Target 56380—56220——55880

Gold Update, Gold Forecast, MCX Gold Tips Today, MCX Gold Forecast Today: “The next downside target is the falling trendline support at $1,827 should the previous day’s low give way. Further declines could challenge bullish commitments at the horizontal trendline support from the December 30, 2022 low at $1,812.”

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Silver Update: Below 66721 Below 65200—64700—63500

  • Silver prints three-day losing streak as sellers flirt with 2.5-month low.
  • Clear downside break of 100-DMA, bearish MACD signals favor sellers.
  • 50% Fibonacci retracement, 200-DMA challenge further downside.
  • Recovery remains elusive unless crossing $23.15, ascending trend line from early September 2022 adds to the downside filters.

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Fed minutes and flash PMIs in focus

Fed minutes Outlook: A rebound in oil prices, and a weaker US dollar helped markets in Europe reverse their Monday losses and close at three-month highs in an otherwise lacklustre session.

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