Bullion Forecast Today: Gold High 50685, Resistance Key 50800

Gold price today: MCX gold price ₹700 away from all-time high. Will it hit new highs amid US inflation concerns?

Bullion Forecast Today: Gold prices recovered sharply from a six-week low as a worsening energy crisis in Europe drove up safe haven demand. Metal price also witnessed gains, after U.S. data showed moderate wage growth in August and a rise in unemployment rate to 3.7% suggested the labour market was starting to loosen.

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Gold Forecast: Gold prices will fall for Today

Gold Rates LIVE: October 1 Prices Across Mumbai, Delhi, Bengaluru, Chennai, Hyderabad, Kolkata

Gold Forecast: Gold steadied a bit around $1750 after witnessing a fall in past few sessions. Dollar eased off a 20-year high, offsetting some pressure from expectations of the Fed keeping interest rates higher for longer to combat inflation.

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