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Commodity Compass | Time to accumulate gold

Gold prices have strong support at $1260 an ounce while resistance is at $1295

May 08, 2019 / 02:00 PM IST
Commodity Compass | Time to accumulate gold

Gold prices are trading at their best level for a month, even as the markets, domestic and international, are awaiting the final Akshaya Tritiya sales to see how gold sales have fared during the historic gold buying festival in India. Gold returns haven’t been good for the last four years, but that is about to change. Sure, the volatility in gold markets is expected to continue, but it may be time to accumulate the precious metal for good returns in...

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