INSUBCONTINENT EXCLUSIVE:
market, gold was quoting at $1,864 per ounce, while silver was trading flat at $24.52 per ounce.What Analysts Say''Spot gold prices for 24
Senior Analyst (Commodities).''Gold prices touched a two-week high on Tuesday as investors pinned hopes on a United States fiscal stimulus
deal to cushion the economic blow from surging coronavirus infections
MCX Gold took a slight gap up opening after that fill the gap downside, although it made a 2-week high but now it's going to make a new
low of the day, 20 SMA also gives cross over at the level of 50050 which indicate that it will go more down from here,'' said Kshtij
Purohit, Lead, International and Commodities, CapitalVia Global Research."Gold prices rose amidst mounting COVID-19 cases and comments of
various Fed officials which showed concern regarding the impact of Covid on the economy
Other than that, there are a lot of positive expectations regarding the Covid bill this week, hence supporting the metal prices," said
Navneet Damani, VP - Commodities Research, Motilal Oswal Financial Services.
