01-01-1970 12:00 AM | Source: Angel Broking Ltd
Yesterday Gold prices corrected by 0.49% and closed at 48756 levels By Anuj Gupta, Angel Broking
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Below are Views On Yesterday Gold prices corrected by 0.49% and closed at 48756 levels By Mr. Anuj Gupta- DVP- Commodities and Currencies Research, Angel Broking Ltd
Yesterday Gold prices corrected by 0.49% and closed at 48756 levels however silver prices gained by 1.59% and closed at 67595 levels. Increasing bond yield and US dollar curb the sharp appreciation in Gold and silver prices. Also, no concrete signs of the additional $1.9 trillion virus relief fund by US further weighed on Gold.
As of today Traders can go for sell in Gold at 48900 levels with the stop loss of 49200 levels for the target of 48300 levels. They can also for sell in Silver at 69000 levels with the stop loss of 70000 levels for the target of 66500 levels.
Above views are of the author and not of the website kindly read disclaimer
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