The breakdown in the gold prices has relieved the Indian gold buyers luckily when the festive season comes near....

Goldman cut its short-term stop on gold to $1,400 an ounce....

The standard gold was traded at Rs 26,105 for 10 gm, while the retail ornament gold was traded at Rs 2,441 per gm....

MCX Gold is up today after falling as low as Rs 25270 per 10 grams....

The metal surged nearly $10 supported by the weakness in the US dollar and losses in equities....

Bias to remain extremely bearish below Rs 47,000....

Gold prices likely to decline further in early trades....

The standard gold was traded at Rs 26,830 for 10 gm, while the retail ornament gold was traded at Rs 2,509 per gm....

The gold price is down more than 18.7 per cent this year and Friday\\\'s sharp decline dragged the metal it into official bear territory, defined as a 20 per cent decline from a high....

The COMEX Gold futures slipped under $1400 per ounce in intraday moves...

Gold plunges over 5 per cent, while Silver nose-dives 9 per cent in trades so far....

The metal traded at a low of Rs 26,927 per 10 grams and currently trades at Rs 27,051, down Rs 874 per 10 grams or 3.13 per cent on the day with 4.80 per cent drop in the open interest....

Deutsche Bank and UBS both cut their average gold price forecasts yesterday, to $1637 and $1740 respectively....

The bias is likely to remain bearish as long as Gold trades below Rs 28,500. On the downside, Gold can slide to its 200-DMA....

The white metal is on its course to test its 200-DMA, which is around Rs 45,700....