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.
Spot Gold Prices
Gold Prices Rise for 2nd Day on Sustained Buying – Gold Silver Reports
Gold Silver Reports (GSR) – Gold prices rose by Rs 110 to Rs 31,510 per 10 gram on Thursday, mainly due to sustained local demand from jewellers and global trend, PTI reported. A depreciating rupee, which today fell to a fresh record low of 72.11 against the dollar, also helped lift gold prices.