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      Technical comment for the day: Gold

      MoM Team / Mumbai, Jan 11, 2017 09:47 AM IST

        Technical comment for the day: Gold

        On 10 Jan 2017, the prices of refined Gold prices appreciated by Rs 28,148 per 10 grams, up Rs 98.

        The prices of Gold tested a high of Rs 28,260 per 10 grams and a low of Rs 28,009. Yellow metal has consolidated its position after closing above Rs 28,000 per 10 grams last week. The metal is expected to shine further till it is above the psychological level of Rs 28k.

        The resistance for Gold is at Rs 28,300 per 10 grams, while supports are at Rs 28,050 per 10 grams.


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      Source: Capital Market


    Energy Preview: MCX Crude rises well above Rs 3200 mark

    The commodity currently quotes at $ 49.74 per barrel, down around 0.30 percent.


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