Gold Prices Maintain Uptrend on Jewellers’ Buying

Gold Rate Today

Gold Silver Reports (GSR) — Gold Prices Maintain Uptrend on Jewellers’ Buying – Traders said that continued buying by local jewellers in the ongoing wedding season and a firm trend overseas mainly kept the precious metal’s prices elevated.   

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Spot Gold Critical Support @$1,300 Level

Gold Silver Reports (GSR) — Spot Gold Critical Support @$1,300 Level — While selling pressure has undoubtedly been a significant component of this recent decline, it is dollar strength that has been the predominant factor taking gold to its current pricing which is at a critical support level. This support level is crucial because of two technical indicators: Fibonacci retracement and the 200-day moving average.

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