Gold price today at Multi Commodity Exchange (MCX) opened with the positive gap making an intraday high of ₹47,046 per 10 gm. According to the commodity experts, there can be some fresh correction in the precious bullion metal and it may go down up to ₹46,500 to ₹45,500 levels.
Gold price today at Multi Commodity Exchange (MCX) opened ₹5 lower at ₹47,314 per 10 gm levels. However, commodity experts are of the view that the gold price has ‘bottomed out’ and one should look at every dip as buying opportunity in the precious yellow metal.
Positional Gold Spot Target : Above $1900 Target $2035—$2130—$2182 Gold prices climbed to their highest level in nearly two weeks on Monday, as the dollar weakened and the U.S. Federal Reserve’s new policy framework suggested that interest rates would remain low for some time.
Gold Silver Reports (GSR) – Gold prices are likely to hold in the range of ₹ 32,500—33,500 per ten grams until Diwali Target in the domestic market, and internationally the Gold might be in USD $1,180—$1,410 an ounce level.