Religare Broking Podcast

Markets edged higher for the third successive session and posted modest gains, tracking favorable global cues. 

Gold markets have turned bearish of late as the Middle East worries have reduced in the recent week. MCX gold’s support lies near 70000 with resistance close to the 70650 level.

Markets strengthened recovery and gained nearly a percent, in continuation to Friday’s rebound. 

Gold is presently trading with a weak bias. The concerns have reduced over the potential of full-scale war between Israel and Iran and the market now focuses on the upcoming US economic data. Gold’s support lies near 71500 with resistance close to the 72150 level.

Markets remained choppy for yet another day but managed to gain over half a percent

Gold continues trading with a positive bias as the safe haven demand investments has improved further after reports of Iran’s fresh attack on Israel. 

It turned out to be a volatile day as Nifty swung sharply on both sides and finally shed nearly half a percent. 

Gold has traded in a narrow range but with a positive bias as the safe haven demand investments continue

Market extended decline for the third successive session and lost over half a percent, in continuation to the prevailing corrective move

Gold attempts for a pull back after trading with a weak bias during the morning hours.