GOLD NEWS why is Gold (sona Swarna Tola 10gram) price falling or rising

GOLD NEWS reasons for why stock price of Gold (sona Swarna Tola 10gram) is falling or rising

GOLD Gold Sona is falling or rising technical reasons

Technical analysis forecast for Gold Sona Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Gold Sona GOLD at this time. Stock is falling and might fall more.

It appears as if Gold Sona GOLD gave a large move recently.

Stock of Gold Sona (GOLD) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Gold Sona is bearish for shortterm, and stock might move down till 74323.3 or till 72178.4. Use a stoploss of 76110.8 and if the stock hits stoploss, then it can shoot up till 77898.26

GOLD Gold Sona is falling or rising NEWS fundamental reasons

Gold price today: Gold prices jump Rs 2,200/10 gms in a week, silver surges Rs 900/kg Gold December futures contracts at MCX opened flat at Rs 75,537 per 10 grams, down by 0.07%, while silver December futures were trading at Rs 89,752 per kg, down by 1%. Gold prices have risen by Rs 2,300/10 grams in the last week, and silver surged by Rs 9 - NEWS as on 2024-11-20 indiatimes.com

Gold jumps Rs 600 to Rs 78,050 per 10 gm; silver climbs Rs 1,500 Gold prices jumped Rs 600 to Rs 78,050 per 10 grams in the national capital on Tuesday amid a strong global trend in the overseas market, according to the All India Sarafa Association. On Monday, the precious metal of 99.9 per cent purity closed at Rs 77,4 - NEWS as on 2024-11-19 indiatimes.com

Gold loans may soon come with monthly payment plans In a circular on September 30, the regulator pointed out irregularities in granting loans against gold ornaments and jewellery. This was after the central bank found issues in the sourcing of gold loans, valuation, due diligence, end-use monitoring, auctio - NEWS as on 2024-11-19 indiatimes.com

Gold, silver rebound on ongoing wedding season buying, global cues Gold and silver prices rebounded on Monday in the national capital mainly on the back of ongoing wedding season buying by jewellers and retailers as well as strong global trend, according to the All India Sarafa Association. - NEWS as on 2024-11-18 indiatimes.com

Gold slide continues; tanks Rs 700 to Rs 77,050 per 10 grams Gold prices saw yet another steep fall on Thursday, with the precious metal declining Rs 700 to Rs 77,050 per 10 grams in the national capital amid subdued demand trend in the global markets, according to the All India Sarafa Association. The precious meta - NEWS as on 2024-11-14 indiatimes.com

Gold prices may face near-term retracement due to stronger dollar, yields Stronger bond yields, a rising US dollar, and risk-on sentiment in equities may lead to a short-term retracement in gold prices, according to the World Gold Council. November saw gold pressured by higher opportunity costs, US dollar strength, and gold ETF - NEWS as on 2024-11-12 indiatimes.com

Gold declines Rs 450 to Rs 79,550 per 10 grams; silver plunges Rs 600 Gold prices declined by Rs 450 to Rs 79,550 per 10 grams in the national capital on Monday amid weak trends in the international markets, according to the All India Sarafa Association. On Friday, the yellow metal had settled at Rs 80,000 per 10 grams. - NEWS as on 2024-11-11 indiatimes.com

Why gold prices are now dropping on the heels of Trump’s win - NEWS as on 2024-11-11 marketwatch.com

Trump impact: How has outlook for gold changed after US elections? Gold prices experienced a sharp decline following Donald Trump's victory in the US presidential election. Traders, initially concerned about a potential rise in the US fiscal deficit due to Trump's proposed growth stimulation policies, drove an initial sur - NEWS as on 2024-11-10 indiatimes.com

Gold rises Rs 500; silver jumps Rs 800 amid wedding festivities Gold prices rose Rs 500 to reclaim the Rs 80,000 mark in the national capital on Friday amid fresh buying by local jewellers and retailers for the wedding festivities, according to the All India Sarafa Association. - NEWS as on 2024-11-08 indiatimes.com

Gold slides Rs 1,650 to Rs 79,500 per 10 grams; silver plunges Rs 2,900 Gold and silver prices slumped in the national capital on Thursday, with the precious metal declining Rs 1,650 and slipping below the Rs 80,000-mark, according to the All India Sarafa Association. Tepid demand by local jewellers amid weak trend overseas as - NEWS as on 2024-11-07 indiatimes.com

Trump's victory sparks a bullion promises: Gold price falls "Gold prices have fallen following the strengthening of the dollar after Donald Trump gave a speech following his victory in the US elections," said Surendra Mehta, national secretary of India Bullion & Jewellers Association (IBJA). "Gold price is fall - NEWS as on 2024-11-07 indiatimes.com

Pre-Market Earnings Report for November 7, 2024 : DUK, TDG, BDX, APD, TRP, KVUE, PCG, VST, DDOG, GOLD, ROK, HSY The following companies are expected to report earnings prior to market open on 11/07/2024. Visit our Earnings Calendar for a full list of expected earnings releases.Duke Energy Corporation (DUK)is reporting for the quarter ending September 30, 2024. The - NEWS as on 2024-11-06 nasdaq.com

More announcements and NEWS

GOLD Gold (sona Swarna Tola 10gram) current price & indicator signals

Moving Averages for Gold (sona Swarna Tola 10gram)

  • 5Day Average: 74953.6
  • 12Day Average: 75778.92
  • 20Day Average: 76920.25
  • 50Day Average: 75727.06
  • 100Day Average: 73493.15
  • 150Day Average: 72958.26
  • 200Day Average: 71120.22

GOLD Indicators & signals

Indicator MACD (12,26,9)

75791.3, 76126.34, -26.78
Indicator MACD is in negative zone

Indicator ADX (14)

13.87, 24.8, 32.78
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 45
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of GOLD Gold (sona Swarna Tola 10gram) are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
20 Wed Nov 2024 76034.00 75416.00 to 76174.00 0.59% 0.46 times
19 Tue Nov 2024 75587.00 75200.00 to 75860.00 0.72% 0.89 times
18 Mon Nov 2024 75047.00 74349.00 to 75193.00 1.49% 0.79 times
15 Fri Nov 2024 73946.00 73890.00 to 74284.00 -0.28% 0.35 times
14 Thu Nov 2024 74154.00 73300.00 to 74317.00 -0.44% 1.18 times
13 Wed Nov 2024 74482.00 74340.00 to 75320.00 -0.56% 0.75 times
12 Tue Nov 2024 74901.00 74619.00 to 75579.00 -0.6% 1.18 times
11 Mon Nov 2024 75351.00 75309.00 to 76968.00 -2.49% 1.36 times
08 Fri Nov 2024 77272.00 77025.00 to 77628.00 -0.18% 0.69 times
07 Thu Nov 2024 77411.00 76300.00 to 77459.00 0.99% 0.83 times
06 Wed Nov 2024 76655.00 76367.00 to 78593.00 -2.36% 1.99 times
05 Tue Nov 2024 78507.00 78191.00 to 78687.00 0.11% 0.56 times

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GOLD NEWS why is Gold (sona Swarna Tola 10gram) price falling or rising

 

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