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Published on 23/06/2020 12:06:48 PM | Source: Angel Broking Ltd

Gold prices have made a lifetime high of 48289 levels on MCX by Mr. Anuj Gupta, Angel Broking

Posted in Commodities Reports| #Gold #Expert Views #Currency Tips #Angel Broking Ltd

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

“Yesterday, Gold prices have made a lifetime high of 48289 levels on MCX and in international market it touched the 5 week's high of $ 1763 per ounce. Sentiments trade tension between US and China and weakness in dollar are the causes of increasing safe heaven demand and investment demand in the Gold. For today's perspective, we recommend buy in gold, traders can buy gold around 47700 to 47750 levels, with the stoploss of 47450, and for the target of 48150 levels.”

 

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