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    Vikshita Vitthal Gujaran in News

    24-Jan-2023 05:28 AM


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    Gold Prices Today: Precious metals to stay volatile, yellow metal may see resistance at Rs 56,980-57,155

    Representative image Gold prices edged up on Tuesday in the international markets as the dollar weakened, while investors awaited US economic data amid hopes of slower interest rate hikes by the Federal Reserve.
    At 10:19am, gold was trading 0.39 percent higher on the Multi Commodity Exchange (MCX) at Rs 57,035 for 10 grams, while silver was up 0.48 percent at Rs 68,290 a kilogram.
    Track Live Gold Prices Here Prathamesh Mallya, AVP- Research, Non-Agri Commodities, and Currencies, Angel One Read More After ending the previous week on a higher note, the yellow metal continued to witness an uptick in the following session, ending with 0.25 percent gains.
    A rebound in risky assets also puts pressure on bullion prices.
    #Gold has resistance at Rs 57,000 and support at Rs 56,300.
    Gold has support at $1,916-1,904, while resistance at $1,940-1,955 per troy ounce.

    Source -https://www.moneycontrol.com/news/business/commodities/gold-prices-today-precious-metals-to-stay-volatile-yellow-metal-may-see-resistance-at-rs-56980-57155-9924511.html