Gold Price Outlook – Gold falls by Rs 280 on Monday, Silver falls by Rs 128; expert see bounce back, recommends buy on dips
After remaining under pressure during the previous week, Gold and Silver prices remained under pressure on Monday too as the price of MCX Gold fell by Rs 280 around 6:50 pm. Meanwhile, silver futures fell by Rs 128 around this time. Expert Anuj Gupta, Deputy Vice President, Commodity and Currency Research at Angel Broking gives the complete strategy for the next week
The international spot price of gold is USD 1690. The near term outlook remains negative as the prices could come down to USD 1680 internationally, Anuj Gupta said. Source: Reuters