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 world s largest producers in the precious metals industry, in the Siberian city of Krasnoyarsk, Russia November 22, 2018. Picture taken November 22, 2018. REUTERS/Ilya Naymushin - RC121901F300
India Gold MCX February futures trade flat with a negative bias on Tuesday. Silver March futures also trade flat with a negative bias below Rs 65,500.
Gold Price Today: Yellow Metal Trade Higher, Buy For A Target Of Rs 50,900
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Gold Price Today: Yellow Metal Holds Above Rs 50,000; Buy The Dip Towards 49,950
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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 long-awaited coronavirus relief aid bill.
Trump on Sunday signed into law a $2.3 trillion pandemic aid and spending package, restoring unemployment benefits to millions of Americans and averting a partial federal government, said a Reuters report.