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Gold clocks gains as dollar slips, Fed chair speech eyed; traders should buy on dips, go long around Rs 58,000Gold clocks gains as dollar slips, Fed chair speech eyed; traders should buy on dips, go long around Rs 58,000

By Bhavik Patel Gold scaled $1900 and is trading at two week high thanks to dip in US dollar index and Treasury yields. On Wednesday, we saw a sharp fall in the US dollar after service PMI came disappointing worldwide. The S&P Global Flash U.S. manufacturing PMI data dropped to 47.0%, down from July’s reading […]