In the Commodity Bullion Market Gold Price fall day By day In The International market US Gold for April delivery dropped 1 per cent to $1,187.90 per ounce as the dollar rose against the euro and a basket of major currencies.
The fund's holdings fell last week also indicating weak investment demand Physical demand was also slowing,hit by the rally in prices.
Gold prices have turned positive last week on Fed’s cautious stance on the US economy.On today Gold dropped for a second straight session.slipping further from a three-week high, as the dollar climbed after Federal Reserve Chair.
Spot gold prices in the international markets can possibly inch higher towards lower towards $ 1220/oz mark.In the Indian markets,we expect gold prices to trade higher towards Rs.27250 mark/10gms.
Spot Glod Support and Resistance Level:
Spot Gold:Support $ 1185/$1160 Resistance $ 1220/$1235.
MCX Gold Call For Today
Buy MCX Gold June between 26400–26500 SL 26050 Target 27250/25400
Gold prices have turned positive last week on Fed’s cautious stance on the US economy.On today Gold dropped for a second straight session.slipping further from a three-week high, as the dollar climbed after Federal Reserve Chair.
Spot gold prices in the international markets can possibly inch higher towards lower towards $ 1220/oz mark.In the Indian markets,we expect gold prices to trade higher towards Rs.27250 mark/10gms.
Spot Glod Support and Resistance Level:
Spot Gold:Support $ 1185/$1160 Resistance $ 1220/$1235.
MCX Gold Call For Today
Buy MCX Gold June between 26400–26500 SL 26050 Target 27250/25400
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