Swiss Gold Exports to China in October Leap to Highest Since June 2018

Swiss (Switzerland) exported more gold to China in October than in any month since June 2018, according to Swiss customs data that also showed shipments of gold to India falling slightly from September. China and India are the largest consumers of gold. Demand in both countries slumped during the coronavirus pandemic last year but has recovered strongly.

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MCX Money Tips Today

GOLD PRICE ANALYSIS: 15-11-2021

Bullion Price Analysis: inflation pressures on the rise, Gold and Silver prices continue to test critical levels of support and resistance, bringing fundamentals to the forefront of risk sentiment.

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MCX Money Tips Today

MCX Gold Buy on Dips Target 49650-50500

MCX Gold Buy on Dips: Since the beginning of this month, gold has continued to be in an upward trend. Especially post the mixed FOMC minutes, gold held high. The minutes didn’t hint at any timeline for scaling-back the asset purchases by the Federal Reserve so that has been a positive factor for gold. Also, the focus on the rising delta virus cases, the worries over lockdown kept the gold prices steady.

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MCX Money Tips Today

Spot Gold Forecast: Gold Price Sustain Near $1903

Spot Gold Forecast: Gold Current TrendGold price are consolidating near $1903 in the morning session after a moderate increase the day before, which was supported by the weakness of USD. The US currency remains under significant pressure after last Friday’s US labor market report for May reflected slower-than-expected growth in Nonfarm Payrolls.

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MCX Money Tips Today