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Gold Prices Today: Yellow metal to witness range-bound movement, selling pressure expected at higher levels

BUSINESS

Gold Prices Today: Yellow metal to witness range-bound movement, selling pressure expected at higher levels

"Precious metals prices may remain range-bound whereas the upper range may witness selling pressure. Gold has resistance at Rs 51100 and support at Rs 50400. Silver has resistance at Rs 61000 and support at Rs 59500," said Nirpendra Yadav, Senior Commodity Research Analyst at Swastika Investmart.

Stock Market Today: Top 10 things to know before the market opens today

BUSINESS

Stock Market Today: Top 10 things to know before the market opens today

Trends in the SGX Nifty indicate a flat opening for the broader index in India with a loss of 19 points

Gold Prices Today: Volatile trading on cards as recession fear, hawkish Fed haunt markets

BUSINESS

Gold Prices Today: Volatile trading on cards as recession fear, hawkish Fed haunt markets

Gold may remain a range amid warring factors however Fed’s tightening expectations may keep pressure on prices, said Ravindra Rao, VP- Head Commodity Research at Kotak Securities.

Stock Market Today: Top 10 things to know before the market opens today

BUSINESS

Stock Market Today: Top 10 things to know before the market opens today

Trends in the SGX Nifty indicate a gap-up opening for the broader index in India with a gain of 158 points

Gold Prices Today: Avoid taking long positions in yellow metal, selling pressure seen at higher levels, say experts

BUSINESS

Gold Prices Today: Avoid taking long positions in yellow metal, selling pressure seen at higher levels, say experts

Stronger dollar and treasury yields are continuously putting pressure on gold prices. Higher inflation and fear of possible US recession has induced an indecisiveness in gold trend. Investors may avoid taking long positions at current levels and wait for clear trend, said Ravi Singh - Vice President and Head of Research at ShareIndia.

Stock Market Today: Top 10 things to know before the market opens today

BUSINESS

Stock Market Today: Top 10 things to know before the market opens today

Trends on SGX Nifty indicate a positive opening for the broader index in India with a gain of 95 points.

Gold Prices Today: Yellow metal to come under selling pressure after Powell's comments; support around Rs 50,500

BUSINESS

Gold Prices Today: Yellow metal to come under selling pressure after Powell's comments; support around Rs 50,500

"The notion that precious metal prices are range-bound suggests that there may be selling pressure near the range's upper end. Gold has resistance at Rs 51300 and support at Rs 50500. Silver has resistance at Rs 61300 and support at Rs 59800," said Nirpendra Yadav, senior commodity research analyst at Swastika Investmart.

Stock Market Today: Top 10 things to know before the market opens today

BUSINESS

Stock Market Today: Top 10 things to know before the market opens today

Trends on SGX Nifty indicate a flat opening for the broader index in India with a gain of 26 points.

Gold Prices Today: Experts see range-bound movement in yellow metal; support around Rs 50,200

BUSINESS

Gold Prices Today: Experts see range-bound movement in yellow metal; support around Rs 50,200

Technically, gold has support at Rs 50600 and prices are hovering above 100-DEMA. It has resistance at Rs 51300. Silver has support at Rs 60800 and resistance at Rs 62000, said Nirpendra Yadav, Senior Commodity Research Analyst at Swastika Investmart.

Stock Market Today: Top 10 things to know before the market opens today

BUSINESS

Stock Market Today: Top 10 things to know before the market opens today

Trends in the SGX Nifty indicate a negative opening for the broader index in India with a loss of 40 points

Gold Prices Today: Yellow metal to stay range-bound amid volatile global markets; softer dollar to lend support

BUSINESS

Gold Prices Today: Yellow metal to stay range-bound amid volatile global markets; softer dollar to lend support

Ease in dollar may send prices of precious metals higher in today's session. Gold has support at Rs 50500 and resistance at Rs 51000. Silver has support at Rs 60400 and resistance at Rs 62100, said Nirpendra Yadav, Senior Commodity Research Analyst at Swastika Investmart.

Stock Market Today: Top 10 things to know before the market opens today

BUSINESS

Stock Market Today: Top 10 things to know before the market opens today

Trends in SGX Nifty indicate a positive opening for the broader index in India with a gain of 40 points

Gold Prices Today: Economic uncertainty, rising inflation to push yellow metal higher

BUSINESS

Gold Prices Today: Economic uncertainty, rising inflation to push yellow metal higher

Precious metals may remain range-bound today due to the US bank holiday, however upper range may witness selling pressure, said Nirpendra Yadav, Senior Commodity Research Analyst at Swastika Investmart.

Stock Market Today: Top 10 things to know before the market opens today

BUSINESS

Stock Market Today: Top 10 things to know before the market opens today

Trends in the SGX Nifty indicate a negative opening for the broader index in India with a loss of 52 points

Gold Prices Today: Yellow metal to stay range-bound amid strong dollar, global growth concerns

BUSINESS

Gold Prices Today: Yellow metal to stay range-bound amid strong dollar, global growth concerns

Tapan Patel of HDFC Securities expects gold prices to trade sideways to up for the day with COMEX spot gold support at $1820 and resistance at $1870 per ounce. MCX gold August futures support lies at Rs 50600 and resistance at Rs 51300 per 10 grams, he said.

Stock Market Today: Top 10 things to know before the market opens today

BUSINESS

Stock Market Today: Top 10 things to know before the market opens today

Trends on SGX Nifty indicate a positive opening for the broader index in India with a gain of 63 points.

Gold Prices Today: Global growth worries to fuel precious metal prices; gold resistance around Rs 50,780-51,150

BUSINESS

Gold Prices Today: Global growth worries to fuel precious metal prices; gold resistance around Rs 50,780-51,150

According to Rahul Kalantri, VP Commodities, Mehta Equities, gold has support at Rs 50,240–50,010, while resistance is at Rs 50,780–51,150. Silver has support at Rs 60,120-59,550, while resistance is at Rs 61,380–61,710.

Stock Market Today: Top 10 things to know before the market opens today

BUSINESS

Stock Market Today: Top 10 things to know before the market opens today

Trends on SGX Nifty indicate a positive opening for the broader index in India with a gain of 126 points.

Gold Prices Today: Inflation, global growth worries; Fed policy to offer support as yellow metal loses shine

BUSINESS

Gold Prices Today: Inflation, global growth worries; Fed policy to offer support as yellow metal loses shine

According to Nirpendra Yadav of Swastika Investmart, a downside move can be seen in the prices of gold and silver. Gold has support at Rs 50000 and resistance at Rs 50600. Silver has support at Rs 58000 and resistance at Rs 60500.

Stock Market Today: Top 10 things to know before the market opens today

BUSINESS

Stock Market Today: Top 10 things to know before the market opens today

Trends in the SGX Nifty indicate a flat opening for the broader index in India with a loss of 11 points

Gold Prices Today: Impending rate hike by Fed, high US yields, strong dollar to keep yellow metal volatile

BUSINESS

Gold Prices Today: Impending rate hike by Fed, high US yields, strong dollar to keep yellow metal volatile

Tapan Patel of HDFC Securities expects gold prices to trade sideways to down for the day with COMEX spot gold support at $1810 and resistance at $1840 per ounce. MCX gold August support lies at Rs 50300 and resistance at Rs 51000 per 10 grams.

Stock Market Today: Top 10 things to know before the market opens today

BUSINESS

Stock Market Today: Top 10 things to know before the market opens today

Trends in the SGX Nifty indicate a negative opening for the broader index in India with a loss of 103 points

Market sheds 2% in early trade amid worries over US inflation, Indian CPI data

BUSINESS

Market sheds 2% in early trade amid worries over US inflation, Indian CPI data

"Long-term investors can use the dips in the market to buy high quality economy-facing stocks like capital goods, banking, telecom and export segments," said V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

Gold Prices Today: Yellow metal may remain choppy amid high US yields, strong dollar

BUSINESS

Gold Prices Today: Yellow metal may remain choppy amid high US yields, strong dollar

"We expect gold prices to trade sideways to up for the day. MCX Gold August support lies at Rs 51100 and resistance at Rs 51900 per 10 grams," said Tapan Patel, Senior Analyst (Commodities), HDFC Securities.

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