Read the Beforeitsnews.com story here. Advertise at Before It's News here.
Profile image
Story Views
Now:
Last hour:
Last 24 hours:
Total:

MTECHTIPS:-Gold Looks Sideways After Recent Rally

% of readers think this story is Fact. Add your two cents.


 

MTECHTIPS:-Gold Looks Sideways After Recent Rally

 

 

MTECHTIPS- GOLD A firm undertone in the US dollar index and mostly supportive equities pulled Gold lower today after the metal jumped sharply in last session. Dollar index hovered above 101 mark amid strong economic data from US. The uncertainly over Indian demand following the recent Demonetization moves and lack of follow up buying in global Gold market are ensuring that the $1200 per ounce level remains elusive for the commodity. The metal is currently trading at $1191 per ounce, almost flat on the day. MCX Gold futures ended around Rs 28750 per 10 grams and could move in a sideways manner today. The US Conference Board released a report on Tuesday showing a much bigger than expected jump in US consumer confidence in the month of November. The Conference Board said its consumer confidence index surged up to 107.1 in October from an upwardly revised 100.8 in October. Home price growth in major US metropolitan areas held steady in the month of September. The S&P CoreLogic Case-Shiller 20-City Composite Home Price Index saw a year-over-year increase of 5.1 percent in September, unchanged from August. Supportive data kept the sentiments supported for US stocks. The major averages pulled back well off their best 

 



Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!


Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST


Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)

Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen!

Nascent Iodine - Promotes detoxification, mental focus and thyroid health.

Smart Meter Cover -  Reduces Smart Meter radiation by 96%! (See Video).

Report abuse

    Comments

    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    MOST RECENT
    Load more ...

    SignUp

    Login

    Newsletter

    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.