Bullions (Gold , Silver) : 15.11.2019
Bullion counter may witness some selling pressure at higher levels. Gold can dip lower towards 37850 while facing resistance near 38200 and silver can test 44100 while taking resistance near 44700.
Gold prices fell on Friday as investors' risk appetite was whetted by comments from White House economic adviser Larry Kudlow that the United States is nearing an interim trade pact
with China.
The United States is getting close to a trade agreement with China, White House economic adviser Larry Kudlow said on Thursday, citing what he called very constructive discussions with Beijing.
Gold prices have gained more than 14% this year on uncertainties over the months-long China-U.S. trade war, which has roiled financial markets and prompted fears of a global economic slowdown.
Global sentiment has been hit in recent weeks by conflicting assessments of progress in talks aimed at ending the two countries' trade spat.
Gold prices fell on Friday as investors' risk appetite was whetted by comments from White House economic adviser Larry Kudlow that the United States is nearing an interim trade pact
with China.
The United States is getting close to a trade agreement with China, White House economic adviser Larry Kudlow said on Thursday, citing what he called very constructive discussions with Beijing.
Gold prices have gained more than 14% this year on uncertainties over the months-long China-U.S. trade war, which has roiled financial markets and prompted fears of a global economic slowdown.
Global sentiment has been hit in recent weeks by conflicting assessments of progress in talks aimed at ending the two countries' trade spat.