gold market analysis

For gold bulls, sky is the limit, but a hurdle lurks and could trigger profit booking. Here’s why

by
For gold bulls, sky is the limit, but a hurdle lurks and could trigger profit booking. Here’s why

Gold prices fell by Rs 400 per 10 grams on Thursday as investors chose to book some gains following a stellar rally which saw yellow metal rates hit a fresh lifetime high of Rs 95,935 on the MCX in the preceding session. Given the current uncertainties, the outlook remains bullish for gold bulls with only … Read more

What should traders do with gold as bears tighten grip?

by
What should traders do with gold as bears tighten grip?

Gold‘s is expected to remain under pressure in the international markets amid a stronger dollar index (DXY) and higher US bond yields, with a rub-off impact on the local prices, as well, when trading resumes next week. The movement will likely remain sideways with limited upside, experts tell ETMarkets. Gold has been losing its appeal … Read more