Gold prices may fall further amid trade deal jitters, US Fed’s unchanged interest rates. Should you sell?
Gold October futures rose 0.11% to Rs 99,094/10g; silver September contracts fell 1.61% to Rs 1,11,050/kg.
Strong US GDP growth and Fed’s rate pause led to profit booking in gold and silver.
US trade tariff announcement on Indian goods and Russian ties dampened investor sentiment.
Experts suggest selling gold at Rs 98,800–99,100 with SL of Rs 99,550; target Rs 98,100.
Comments
Post a Comment