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Feb 24, 2021 09:51 AM IST Gold has support at 46550-46400 and resistance at 47050-47220. Experts suggest buying in gold around 46700 with the stop loss of 46480 on a closing basis for the target of 47100.
Feb 22, 2021 10:01 AM IST At MCX, Gold has support around Rs 46000-45770 and resistance at Rs 46480-46620 and silver is having support at Rs 68200-67500 and resistance at Rs Rs 69900-70700 levels.
Feb 19, 2021 09:49 AM IST Gold has support at Rs 45,920-45,770 and resistance at Rs 46,330-46,550. For silver, support is at Rs 68,000-67,400 and resistance at Rs 69,100-69,500, say experts.
Feb 18, 2021 11:05 AM IST The keener investor interest in Bitcoin and other cryptocurrencies could be taking away some of the investors from historical safe-haven assets gold and silver, suggest experts.
Feb 17, 2021 10:31 AM IST MCX Gold April has given a breakdown below Rs 47000 levels and could continue its downside momentum up to 46560-46200 levels. Resistance is at Rs 47020-47350 levels.
Feb 16, 2021 10:12 AM IST Experts are of the view that precious metals may remain choppy but the general bias would be on the upside amid weak dollar.
Feb 15, 2021 10:01 AM IST Gold may continue to witness mixed trade unless there are fresh triggers but general bias may be on the upside on US stimulus expectations.
Feb 12, 2021 09:49 AM IST Gold and silver are showing weakness on strength in bitcoin and profit-taking in the US equity markets, say experts. Gold may find support near Rs 47,200.
Feb 11, 2021 10:03 AM IST Gold may witness choppy trade amid lack of fresh cues however there is a possibility of correction if US dollar manages to recover, suggest experts.
Feb 10, 2021 10:00 AM IST Gold has support at Rs 47750-47500 and resistance at Rs 48300-48580. Silver is having support at Rs 69500-68500 and resistance at Rs 70700-71500 levels.
Feb 09, 2021 09:31 AM IST Experts suggest buying the dip in the domestic precious metal prices. Any dip towards Rs 47,580 should be used to go long for the target of Rs 49,100 per 10 gm.
Feb 08, 2021 09:52 AM IST The two metals will likely remain volatile but investors can look at buying gold on dips towards Rs 47,000 for a target of Rs 47,440, say experts.
Feb 05, 2021 09:36 AM IST Experts advise investors to go short on rallies for a target of 46,400 as prices are expected to remain under pressure in the short term.
Feb 04, 2021 09:45 AM IST Gold has support at Rs 47,500-47,200 and resistance is placed at Rs 48,050-48,330 levels, silver has support at Rs 67,500-66,600 and resistance at Rs 69,800-70,700 levels, say experts.
Feb 03, 2021 10:06 AM IST Gold may continue to witness mixed trade unless there is clarity on the US dollar trend however we expect price to trade with a positive bias on US stimulus expectations and loose monetary policy stance of central banks, suggest experts.
Feb 02, 2021 09:58 AM IST Domestic gold prices have become cheaper due to duty cut however general price trend will be determined by international markets.
Feb 01, 2021 09:35 AM IST Experts are of the view that precious metal prices are likely to remain volatile on the Budget Day and any dip will be a buying opportunity.
Jan 30, 2021 12:12 PM IST The focus of Budget 2021-2022 could be largely to mend the economy and boost growth and fight inflationary pressures. While the economy came under pressure, the commodities market was also not left unaffected.
Jan 29, 2021 10:08 AM IST Gold may remain choppy, reflecting mixed trade in the dollar, however, rising virus cases and US stimulus expectations may lend some support, experts say.
Jan 28, 2021 09:52 AM IST Investors can look at selling gold on every bounce towards 49,000. Overnight, the US Fed’s downbeat growth outlook and ECB’s willingness to cut rates pushed the dollar higher, putting pressure on gold, experts say.
Jan 27, 2021 09:48 AM IST Experts are of the view that the precious metal which has slipped below 49000 could get some support around Rs 48,800. Investors can use the dip for a target of Rs 49,300 levels.
Jan 25, 2021 09:42 AM IST Experts are of the view that investors can buy any dip towards Rs 49,000 for a target of Rs 49,400 per 10 gm. Gold came under pressure due to recovery in the dollar but stimulus hopes kept the sentiment alive.
Jan 22, 2021 09:32 AM IST Investors can use the dip towards Rs 49,100 to buy for a target of Rs 49,750 per 10 gm, say experts. Weakness in the dollar index is likely to support safe-haven prices.
Jan 21, 2021 09:49 AM IST Experts say gold is supported by weakness in the dollar and hopes of a bigger stimulus package as Joe Biden takes charge. They favour buying the dip for a target of Rs 50,000 per 10 gm.
Jan 20, 2021 09:37 AM IST Experts are of the view that investors can look at buying yellow metal on dips for a target of Rs 49300 while Silver can also climb back above Rs 67000.
