Gold Price- MCX gold trades steady; Support seen at Rs 60920-60760, resistance at Rs 61280-61470
时间:2024-06-26 06:54:54 阅读(143)
Gold Price Today, Gold Price Outlook, Gold Price Forecast: MCX gold prices are trading higher on Friday, while Silver rates traded flat. On the Multi Commodity Exchange, gold December futures were trading at Rs 61,150 per gram, up Rs 78 or 0.13%. Silver December futures are trading flat at Rs 72,900 per kg, up merely Rs 2 on the MCX.
Gold held steady on Friday, set for its second consecutive weekly gain, supported by a weaker US dollar as markets grew confident that the Federal Reserve was done with its interest rate hikes, according to Reuters. Spot gold held ground at $1,992.73 per ounce. Bullion has risen 0.7% this week. US gold futures were little changed at $1,993.60.
Rahul Kalantri, VP of Commodities, Mehta Equities believes that the US manufacturing PMI data which is scheduled for release later today could provide guidance for the precious metals market. “Anticipate continued volatility in today’s session for both gold and silver. Gold finds support at $1981-1968, with resistance at $2008-2021. Meanwhile, silver has support at $23.48-23.32 and resistance at $23.86-24.05. In terms of INR, gold has support at Rs 60,920-60,760 and resistance at Rs 61,280, 61,470. Silver’s support in INR is at Rs 72,050-71,380, and resistance stands at Rs 73,570, 74,130,” Rahul Kalantri added.
Check the live Gold rates here;https://www.financialexpress.com/gold-rate-today/
猜你喜欢
- Zydus Lifesciences shares soar on Q2 results; Should you buy, hold or sell Zydus stock-
- Your stock broker may charge more
- Domestic paper industry to witness ~7-10% revenue contraction in FY24 amid 2-5% shrink in volume growth, pressure on realisations
- Year ahead- Mutual fund industry growth to continue into 2024 backed by strong macroeconomic fundamentals, earnings growth
- Zomato, IRCTC among most sold stocks by mutual funds in May; check what shares fund managers bought & sold
- Year Ender 2023- From Raj & DK, Abhishek Sinha to Hansal Mehta; Directors who ruled OTT with their vision
- Dhanlaxmi Bank shares recover from plunge led by director exit
- Rupee appreciates by 2 paise to 83
- Rupee likely to depreciate amid persistent FII outflows, widening trade deficit; USDINR to trade in this range