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While the fundamentals are still intact, experts feel that there may be a mild correction in gold prices after the recent spurt. Gold has seen five weeks of continuous gains and therefore, events like the upcoming US Federal Reserve meeting, G-20 meeting, etc can trigger a correction.
Gold Price Today: राष्ट्रीय राजधानी में आज 99.9 फीसदी शुद्धता वाला सोना 180 रुपये की तेजी के साथ 34,350 रुपये और 99.5 फीसदी शुद्धता वाला सोना भी 180 रुपये की तेजी के साथ 34,180 रुपये प्रति 10 ग्राम पर कारोबार कर रहा था। वहीं गिन्नी सोने की कीमत 26,800 रुपये प्रति आठ ग्राम पर स्थिर रही। कारोबारियों के अनुसार, कमजोर वैश्विक रुख के बावजूद स्थानीय ज्वैलर्स की लिवाली बढ़ने से सोने की कीमतों में यह तेजी देखी गई।
Silver on MCX settled down 0.37% at 37862 as U.S. Federal Reserve chairman Jerome Powell played down expectations of aggressive rate cut.
Gold Silver Honeymoon Period Over, Any Rise Sell Sell Sell, Buy Karna Mana Hai Gold High – 34893 / Silver High – 38323
Gold Silver Reports (GSR) – “Gold prices Kiss 3 Month High as Safe-haven buying was also seen because manufacturing data from China and the euro zone were seen as a cause of concern.”