Gold Silver Reports (GSR) Spot gold was up 0.26 percent at $1,249.11 per ounce at 1:50 p.m., having earlier touched its highest level since Dec. 10 at $1,250.27, just short of a five-month peak of $1,250.55 hit last week.
Spot Gold May Rise into $1253 —$1258 Level
Gold Silver Reports (GSR ) – On the daily chart, the gain on Monday confirms a break above the former resistance at $1,238, the 14.6 percent projection level of a downward wave C from $1,366.07. The next Resistance will be at $1,305.
Buy Gold for 1 Rupee: Sellers Try New Ways to Boost Demand
Gold Silver Reports (GSR) – “A lot of people have been buying at one rupee,” according to Gaurav Mathur, managing director of digital platform SafeGold, which has partnered with payments apps such as Flipkart Online Services Pvt.’s PhonePe to sell gold starting at that price. “It’s a low-risk way to try the product.”
Commodities Weekly Technical Forecast 17-12-18 To 21-12-18
Real Time MCX Weekly Research Report By Neal Bhai Get our expert opinion on short term outlook on commodities based on technical analysis. Weekly commodity insights and forecast.
Commodities Weekly Research Report
MCX Forecast Dated: 17 Dec 2018 To 21 Dec 2018
Gold Prices Slip Sharply Today But Silver Rates Steady
In the national capital, gold of 99.9 per cent and 99.5 per cent purities dropped by Rs 30 to Rs 32,190 and Rs 32,040 per 10 gram, respectively. Sovereign gold stood steady at Rs 25,000 per 8 gram.