Bullion Price Outlook Today: MCX Gold, Silver futures recover early losses; Know expert strategy here
Shedding early morning losses, the MCX December Gold Futures are now trading in the positive zone. The early morning jitters saw the yellow metal get to the intraday low of Rs 50552 per 10 gm. At 4:15, the Gold Futures were trading at Rs 50,900. This is almost a Rs 50 gain from the Friday closing price
Gupta suggests buying in Gold futures on dips. He said that the levels for buying could be around Rs 50,700. He puts the stop loss at Rs 50,500 while the target price at Rs 51200. Source Reuters