Gold prices rise with investors piling into gold as they await the Federal Reserve to cut interest rates this week. Support is near 73300 with resistance close to the 73750 level.
Gold prices rise with investors piling into gold as they await the Federal Reserve to cut interest rates next week following the latest string of U.S. data.
Gold trades with a positive tone amid improving rate cut prospects and anticipated positive cues from the upcoming CPI data. Support is near 71800 with resistance close to the 72250 level
The markets began the week on a subdued note and ended nearly flat, pausing after Friday's decline.
2 min
About Religare Broking Podcast
From the publisher's feed
Welcome to our Podcast series wherein our Research Desk shares daily and weekly market updates to apprise you on the equity and commodity market trends.
Start your investment journey today!
Click https://bit.ly/rblaccount to open a Free Demat and Trading Account.
For more updates, follow our reports and recommendations. You can also contact your relationship manager or nearest branch. Please read the disclaimer document available on religareonline.com/disclaimer before trading or investing.