Spot gold was down 0.1 per cent at $1,574.69 per ounce as of 0427 GMT, having touched its highest since Feb. 4 at $1,577.89 earlier in the session.
Daily Gold Market Report
Gold prices today fall for second day, silver rates decline
Gold prices today – Gold is likely to see some selling pressure at higher levels, says SMC Global. Gold can dip lower towards ₹40,200 while facing resistance near ₹40,600 while silver can dip towards ₹45,500 while taking resistance near ₹46,000, the brokerage said in a note.
Greg Jensen Told Gold Prices Rising 30% to $2,000
Gold prices, which briefly topped $1,600 last week, could rally to $2,000 an ounce amid heightened political risks, Bridgewater’s co-chief investment officer Greg Jensen told the Financial Times Wednesday.
MCX Gold Futures Prices Above 38877 Big Blast On Chart – Buy and Sleep
MCX Gold settled down 0.28% at 38971 on profit booking after prices gained as the dollar dipped and U.S. military strikes in the Middle East drove investors towards the safe-haven metal.