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February 2, 2021
Gold price today: Yellow metal trades lower; silver March futures down over 2% Domestic gold prices have become cheaper due to duty cut however general price trend will be determined by international markets. February 02, 2021 / 11:21 AM IST India Gold MCX April futures are trading lower on February 2 tracking muted trends seen in the international spot prices. Silver March Futures were down more than 2 percent. On the Multi-Commodity Exchange (MCX), April contracts were trading lower by 0...
February 1, 2021
Experts are of the view that precious metal prices are likely to remain volatile on the Budget Day and any dip will be a buying opportunity.
January 31, 2021
Gold, silver weekly outlook | Tips for investors and key events to watch out for Technically, LBMA Gold Spot gave a sharp correction from $1,875 where it ended near 200-DMA, indicating a bearish momentum in the coming week. Source: Reuters International and domestic gold prices ended flat to marginally lower this week as a rebound of the US dollar and lack of progress of the US stimulus bill weighed on rates. The yellow metal ended with a mild loss of Rs 34 or 0.07 percent for the week. While ...
January 27, 2021
Experts are of the view that the precious metal which has slipped below 49000 could get some support around Rs 48,800. Investors can use the dip for a target of Rs 49,300 levels.
January 12, 2021
Gold price today: Yellow metal trades flat, Sell on rally towards Rs 49,550 Experts are of the view that investors can use rallies towards 49,550 could be used to go short as further strength in the dollar index could push both the precious metals lower. January 12, 2021 / 10:18 AM IST Granules of 99.99 percent pure gold are seen at the Krastsvetmet non-ferrous metals plant, one of the worlds largest producers in the precious metals industry, in the Siberian city of Krasnoyarsk, Russia Nove...
December 28, 2020
Gold price today: Yellow metal trades in the green; March Silver futures jump nearly 3% At MCX, Gold has support at 49800-49660 and resistance is placed at 50330-50550 levels. Silver has support at 66600-65800 and resistance is placed at 68100-69000 levels. We suggest buying on the dip. December 28, 2020 / 10:05 AM IST India Gold MCX February futures rallied nearly 1 percent on Monday tracking positive trends seen in the international spot prices as U.S. President Donald Trump had signed a l...
December 23, 2020
Gold price today: Yellow metal slips buts holds above Rs 50,000; deploy buy on dips Experts are of the view that both the precious metal could remain volatile, but dips, if any in Gold, could be used to buy for a target of Rs 50,300 while a stop loss can be placed at Rs 49,550 per 10 gm. December 23, 2020 / 10:17 AM IST India Gold February futures slipped in trade on December 23 tracking a muted trend seen in the international spot prices. On the Multi-Commodity Exchange (MCX), February go...
December 16, 2020
Silver - Dec 16, 2020 - Reliance Securities Posted On: Mr. Sriram Iyer, Senior Research Analyst at Reliance Securities International and domestic silver prices were up by over 1% this early Wednesday afternoon trade tracking gains in gold and weakness of the U.S. Dollar. Technically, LBMA Silver Spot is trading above 21 as well 50-DMA where further could see $25.06-$25.99 levels. Support at $24.40-$23.70 levels. Technically, MCX Silver March has given a breakout above 100-DMA which is at 64400 ...
December 15, 2020
Gold price today: Yellow metal trades flat above Rs 49,000; US Fed meeting in focus Experts are of the view that precious metals could remain volatile ahead of the outcome of the US Fed meeting. The immediate support for Gold is placed at Rs 48,700 while on the upside, the yellow metal could face resistance near Rs 49150. gold India Gold February futures trade flat on December 15 but with a positive bias as investors wait for the outcome of the US Federal Reserve meeting which will begin on Dec...