Gold Silver Aaj Fir Se Sell kar ke jaao, Silver Below 47200 & Gold Below 37700 Sell 1000— 5000 Lots and Relaxxxxxx Tips By Neal Bhai
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Gold saw a fall of nearly $30 (largest single-day decline in nearly three years) on the news of trade talk resumption and good US economic data. The correction was overdue as we have seen nonstop rally from $1,436 to $1,555 levels. The support for gold comes around $1,490, which is 50 per cent retracement from $1,414 to $1,555.
Sovereign gold bonds, which are issued by government of India and have a tenor of eight years, are currently open for subscription. Apart from from giving 2.5% interest, sovereign gold bonds don’t attract capital gains tax if held till maturity.
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