According to Sushil Finance, We expect gold prices to trade positive on the back of short covering after drop in prices.
Sushil Finance's report on Gold
Gold rose to a two-week high on Wednesday as political turmoil in the United States reduced expectations of aggressive interest rate rises this year, pushed down U.S. bond yields and drove the dollar to its lowest in six months.
We expect gold prices to trade positive on the back of short covering after drop in prices.
For all commodities report, click here
Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.