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Published on 24/06/2020 10:23:59 AM | Source: Angel Broking Ltd

Gold prices again touched the new life time high of 48333 levels by Mr. Anuj Gupta, Angel Broking

Posted in Commodities Reports| #Gold #Expert Views #Angel Broking Ltd #Anuj Gupta

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Below is the Quote on Gold by Mr. Anuj Gupta (DVP–Commodities & Currencies Research, Angel Broking)

“Today, gold prices again touched the new life time high of 48333 levels. In international market, it touched the 8 years high of $1773 per ounce. Safe heaven demand, investment demand due to Corona virus pandemic and weakness in major economies boost the gold demand. We expect gold will trade higher further. It may test $1800 to $1830  levels soon. For traders, it is recommended to buy gold at 48000 to 48100 levels, with the stop loss of 47700, for the target of 48600 to 48800 levels.”

 

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