May 12, 2021 09:23 AM IST
Experts suggest buying in gold around Rs 47,500 with a stop loss of Rs 47,240 for a target of Rs 48,000 and in silver at around Rs 71,400 with a stop loss of Rs 70,700 for a target of Rs 72,600.
- Mar 25, 2021 03:41 PM IST
The spot gold/silver ratio currently stands at 69.47 to 1 indicating that gold has outperformed silver. While the gold has been steady, silver is pressurised by concerns about the Chinese economy.
- Jan 14, 2021 04:25 PM IST
MCX Silver March has reached a support zone of Rs 65,000-64,800 where a bounc-back can be expected up to Rs 65,900-66,500 levels.
- Oct 14, 2020 10:21 AM IST
Experts are of the view that precious metal will be able to hold on to its support but may face resistance near Rs 50,550 levels.
- Oct 13, 2020 09:49 AM IST
Experts are of the view that both precious metal could remain volatile but should be able to hold on to crucial support levels. Gold may find support near Rs 50,750-50,800 levels.
- Oct 12, 2020 09:55 AM IST
On the Multi-Commodity Exchange, December gold contracts were trading higher by 0.38 percent at Rs 51,010 per 10 gram.
- Oct 07, 2020 09:55 AM IST
On MCX, gold could test Rs 49,900-49700 levels again while 50,660 will act as major resistance for gold. Silver could test Rs 59,500-58,800 levels, with 612,00 acting as major resistance.
- Oct 06, 2020 10:29 AM IST
Experts are of the view that support exists at Rs 50,400 and if gold goes past 50,700, then an upside move towards Rs 51,000 is possible.
- Sep 29, 2020 09:59 AM IST
Experts are of the view that volatility is likely to remain. The yellow metal could face some resistance around Rs 50,330-50500 on the upside while crucial support is placed at Rs 49,800.
- Sep 28, 2020 09:39 AM IST
Strength in the Dollar index and uncertainty over the stimulus support from the US Federal Reserves triggered heavy sell-off in both the precious metals
- Sep 22, 2020 09:57 AM IST
Experts are of the view that although the trend is slightly on the higher side but the yellow metal could face resistance near Rs 50,660 and on the downside support levels are placed at Rs 50,000-49,800.
- Sep 15, 2020 10:29 AM IST
Experts are of the view that the precious metal could remain volatile and may face resistance in the range of Rs 51800-52000 per 10 gm. On the downside, Gold has support near Rs 51300-51500.
- Sep 09, 2020 10:08 AM IST
Experts are of the view that both precious metals are likely to remain volatile. The support for the yellow metal is placed at 51000-50800 levels while on the upside resistance is placed at 51,550-51,800.
- Aug 20, 2020 09:58 AM IST
Despite the Federal Reserve's dovish comments in the July policy meeting, the minutes of which were released on August 19, both the precious metals slipped from higher levels.
- Aug 18, 2020 09:46 AM IST
As long as gold trades above Rs 53,300 per 10 gm, the upmove can get extended towards 53,600-53,700.
- Aug 11, 2020 09:47 AM IST
Experts are of the view that after a smart rally in the past few sessions some profit booking was on cards. On the downside, crucial support for the Gold is placed at Rs 54,400 levels per 10 gm.
- Jul 30, 2020 03:19 PM IST
In the longer run, there is no doubt that both net managed positions in gold and silver will reach another historical high as the outlook for the global environment is likely to be highly inflationary.
- Jul 30, 2020 09:37 AM IST
As long as gold holds above Rs 53,330, an upside towards 53,550 and 53,700 is possible. Investors should use dips to buy, experts say.
- Jul 23, 2020 09:48 AM IST
If gold prices sustain above 50200 then the rally could extend towards 50500-50770 levels. Support for the yellow metal is firmly placed at Rs 49880 on a closing basis.
- Jul 21, 2020 09:46 AM IST
If gold sustains above RS 49,100, the momentum can take the yellow metal towards 49,300-49,500 levels, say experts.
- Jul 20, 2020 09:39 AM IST
Prices will tend to be in bearish momentum below 49,000, resistance is placed at 49,000-49,230 levels.
- Jul 16, 2020 09:58 AM IST
Traders could look at buying the dip towards Rs 48,900-48,700 levels. On the upside, a close above Rs 49,220 can take gold towards 49,440-49,600, say experts.
- Jul 15, 2020 10:11 AM IST
Experts are of the view that investors can use dips to buy, as crucial support for the metal is placed at Rs 48,800 per 10 gm.
- Jul 14, 2020 09:53 AM IST
Experts see crucial support for the precious metal is at around Rs 48,900-48,750 per 10 gm but it can show strength in the coming days, hence deploy buy on dips.
- Jul 13, 2020 01:09 PM IST
In the next 6 months, if our currency remains at current levels or depreciates then we could see the levels of Rs 55,000. Currently, gold prices are trading at Rs 49,000.