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

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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 of Gold Sona Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Gold Sona GOLD at this time. Stock is rising and might rise more.

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

Stock of Gold Sona (GOLD) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of Gold Sona is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 62605.1 as stoploss in an intra day sell trade for a target of 62210.35. However, stock will show a bullish move above 62605.1.

GOLD Gold Sona is falling or rising NEWS fundamental reasons

Kotak Mahindra Bank aims to grow gold loan book faster than the industry Kotak Mahindra Bank aims to accelerate its growth in the gold loan sector, targeting faster expansion than the industry average. The bank sees ample opportunity in India's gold loan market, currently dominated by informal lenders charging high rates to low - NEWS as on 2024-02-29 indiatimes.com

Kotak Bank aims to beat industry in gold loan growth Kotak Mahindra Bank aims to accelerate its growth in the gold loan sector, targeting faster expansion than the industry average. The bank sees ample opportunity in India's gold loan market, currently dominated by informal lenders charging high rates to low - NEWS as on 2024-02-29 indiatimes.com

Malabar Gold & Diamonds aims to reach 350 stores by March Malabar Gold and Diamonds plans to expand by opening ten new stores, aiming to reach a total of 350 stores globally by March. Currently ranked as the world’s sixth-largest jewellery group and 19th in Deloitte’s luxury goods global ranking, Malabar is m - NEWS as on 2024-02-28 indiatimes.com

World Gold Council names Sachin Jain new India CEO Sachin Jain, appointed as the new CEO for India by the World Gold Council, brings a deep understanding of the Indian consumer and jewellery market. He joins from De Beers, where he led the De Beers Forevermark business in India and the Middle East. - NEWS as on 2024-02-27 indiatimes.com

Gold rebounds as US dollar, yields slip with eyes on Fed guidance ​Gold prices inched up on Tuesday, buoyed by a weaker U.S. dollar and bond yields, ahead of a key inflation report and comments from Federal Reserve officials for further clues on when interest rate cuts will commence. - NEWS as on 2024-02-27 indiatimes.com

Indians scurrying to hoard Nvidia shares as everyone buying shovel-makers in AI gold rush Volumes have doubled month-on-month and last week it was crowned as the No. 1 trending stock by number of users and volumes on Vested Finance. The average trading volume per user is almost 5x in February 2024 compared to February 2023, said Viram Shah, CEO - NEWS as on 2024-02-26 indiatimes.com

Gold price dips Rs 10 to Rs 62,720, silver falls Rs 100 to Rs 74,400 The price of 22-carat gold also fell Rs 10 with the yellow metal selling at Rs 57,490 - NEWS as on 2024-02-24 business-standard.com

​Sovereign gold bonds no threat to physical trade of the precious metal, says World Gold Council CEO Gold demand and prices are expected to rise in 2024 due to geo-political uncertainties, debt crisis, and central bank purchases. India's sovereign gold bonds will encourage investors to see gold as an alternative asset class. Efforts are being made to brid - NEWS as on 2024-02-24 indiatimes.com

Gold holds ground as dollar weakens, US rate cut hopes dim Spot gold was flat at ,024.08 per ounce as of 15:06 ET (1436 GMT), and was on track for a 0.6% weekly rise. U.S. gold futures were 0.2% higher at ,033.70 per ounce. - NEWS as on 2024-02-23 indiatimes.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: 62322.2
  • 12Day Average: 62067.5
  • 20Day Average: 62196.4
  • 50Day Average: 62377.48
  • 100Day Average: 61674.54
  • 150Day Average: 60653.68
  • 200Day Average: 60287.31

GOLD Indicators & signals

Indicator MACD (12,26,9)

62218.52, 62212.94, -45.32
Indicator MACD is in positive zone

Indicator ADX (14)

31.69, 28.43, 14.75
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 52
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
29 Thu Feb 2024 62567.00 62118.00 to 62688.00 0.51% 1.5 times
28 Wed Feb 2024 62249.00 62077.00 to 62360.00 -0.08% 0.95 times
27 Tue Feb 2024 62301.00 62180.00 to 62385.00 0.24% 0.99 times
26 Mon Feb 2024 62149.00 62050.00 to 62340.00 -0.31% 0.88 times
23 Fri Feb 2024 62345.00 61877.00 to 62388.00 0.59% 1.49 times
22 Thu Feb 2024 61977.00 61951.00 to 62308.00 -0.21% 0.99 times
21 Wed Feb 2024 62108.00 62052.00 to 62279.00 -0.09% 0.62 times
20 Tue Feb 2024 62167.00 61931.00 to 62258.00 0.26% 1 times
19 Mon Feb 2024 62004.00 61903.00 to 62107.00 0.2% 0.65 times
16 Fri Feb 2024 61878.00 61451.00 to 61904.00 0.42% 1.22 times
15 Thu Feb 2024 61622.00 61284.00 to 61745.00 0.29% 1.2 times
14 Wed Feb 2024 61443.00 61190.00 to 61478.00 -0.1% 1.03 times

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