Sharekhan decodes strategy to trade gold ahead of US nonfarm payroll data

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Sharekhan decodes strategy to trade gold ahead of US nonfarm payroll data - Business Standard

Quick Summary:

Spot gold at the time of writing this report is trading at $2,631, down nearly 0.

Total known global gold ETF holdings fell to 82.903Moz on December 4, the lowest level since November 20.

The world’s largest cryptocurrency Bitcoin hit the significant level of $100,000 for the first time as the President-elect appointed Paul Atkins, a vocal cryptocurrency advocate, to chair the Securities and Exchange Commission (SEC) on the same day that the cryptocurrency reached its benchmark number.