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Market move● Neutral for Indian equities
Gold rate outlook: Will gold prices rise and should you buy?
The brief
- Immediate support is around Rs 1,50,750, with stronger support near Rs 1,50,000
- Upside levels are Rs 1,51,150–Rs 1,51,550
- Gold-price moves affect Indian bullion buyers and jewellery companies
- Gold, Silver Face Another Choppy Spell This Week As US Data, West Asia Tensions Take Centre Stage: Analysts
- Bullion may stay volatile as US data, W Asia tensions take focus: Analysts
- Who safeguards the gold and silver behind your ETF? SEBI approves tighter vault rules
- SEBI extends bullion vaulting rules to gold and silver ETFs and derivatives
- Gold, silver extend losses on MCX as stronger dollar, higher yields weigh on metals