Views on Bullion Update By Anuj Gupta, IIFL Securities
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Below are Views on Bullion Update By Mr. Anuj Gupta, Vice President, IIFL Securities
Yesterday we have witnessed a profit booking in Gold and silver on the back of strength in Dollar.
For Today traders can go for sell in gold at 51150 levels with the stoploss of 51400 levels for the target of 50500 levels.
They can also go for sell in silver at 61700 levels with the stoploss of 62200 for the target of 60600 levels.
Recovery in dollar index and bond yield put pressure on Gold and silver prices.
Gold $1837
Silver $21.54
Brent $116.46
Dollar Index 101.86
Above views are of the author and not of the website kindly read disclaimer
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