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      Technical comment for the day: Gold

      MoM Team / Mumbai, May 12, 2017 08:52 AM IST

        Technical comment for the day: Gold

        The prices of MCX Gold were down 0.03 percent to end at Rs 27,987 per 10 grams. The refined Gold tested levels of Rs 28,093 per 10 grams during the day on higher side.

        On the other hand, Rs 27,932 per 10 grams was noted as the lows in the session. Gold is expected to decline further towards Rs 27,800 if it breaches Rs 28,950 per 10 grams. On the other hand, resistances of Rs 28,550 per 10 grams are expected in Gold prices.

         


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