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Wednesday, August 23, 2017 10:53 PM

Gold & Silver

Gold MCX Technical Comment For The Day 10 April

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Money Market Guru — Refined Gold prices were down 0.19% to end at Rs 28665 per 10 grams. The metal tested a high of Rs 29000 per kg and a low of Rs 28661 per 10 grams. Resistance for Refined Gold is at Rs 29200 per 10 grams. Support for Gold is at Rs 28500 per 10 grams.

Technical Comment For The Day: Gold

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Money Market Guru — Technical Comment For The Day: Gold — The prices of refined Gold gained by more than 0.55% in a single session to end the day at Rs 28860 per 10 grams. The session was holiday thinned. Gold tested a high of Rs 28963 per 10 grams while a low of Rs 28816 per 10 grams was tested.

Gold Supported On Safe Haven Buying

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Money Market Guru — MCX Gold futures witnessed strong gains in the shortened session yesterday as global prices remained near one month high on weak US dollar and safe haven demand following the blast in a Russia’s St Petersburg.

Gold MCX Technical Comment For The Day March 30

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Money Market Guru — Gold MCX Technical Comment For The Day March 30 — Refined Gold prices were down 0.58%. The prices settled at Rs 28681 per 10 grams. On the higher side, Rs 28751 per 10 grams was noted, while on the lower side Rs 28626 per 10 grams was noted.

Gold Technical Comment For The Day: March 23

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Gold Technical Comment For The Day: March 23

Money Market Guru – After significant correction in prices during last two weeks, Gold has gained in the trading session ending 22 March 2017. The session on 22 March 2017 was significant for April expiry Gold prices. Refined Gold ended at INR 28900 for 10 grams, up 0.17%.

Technical Comment For The Day: Gold

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Money Market Guru – After significant correction in prices during last two weeks, Gold has gained in the trading session ending 21 March 2017. The session on 21st March 2017 was significant for April expiry Gold prices. Refined Gold ended at INR 28866 for 10 grams, up 1.27%. Although the prices are above beneficial zone a correction towards INR 28500 per 10 grams cannot be ruled out. On Tuesday,

Gold Price Forecast for Next 6 Months

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Money Market Guru – Gold is one of the best performing asset classes in 2014, outpacing the stock market by a wide margin. This is good news for gold investors, after a painful few years of correction and consolidation. Yet, if you watched only the mainstream financial media you would probably be under the impression that stocks have outperformed the “barbaric relic” gold.

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