The MCX Gold futures may slide towards the 200-DMA at Rs 48,840 in the near term; while the broader trend indicates a downside target of Rs 53,000 for MCX Silver futures.
The price of gold varies for different regions based on parameters such as the excise duty, making charges and the state taxes.
The MCX Gold futures seem to be facing considerable resistance around Rs 52,250 as per the monthly charts. Similarly, the upside for Silver seems likely to be capped around Rs 64,200-64,750 odd levels
The price of gold vary for different regions based on certain parameters such as the excise duty, making charges and the state taxes
The price of gold vary for different regions based on certain parameters such as the excise duty, making charges and the state taxes
The price of 10 grams of 24 carat gold in Delhi and Mumbai is at par with the price of 10 grams of 24 carat gold in Bengluru, Kolkata and Hyderabad i.e., Rs 52,370
The gold price differs in regions based on parameters such as making charges, excise duty, and state taxes.
In the previous trade, the precious metal had settled at Rs 51,491 per 10 grams
The price of gold differs in regions based on parameters such as making charges, excise duty, and state taxes.
The price of gold differs in regions based on parameters such as making charges, excise duty, and state taxes.
The MCX Gold futures are likely to face considerable resistance around Rs 53,500-odd levels; MCX Silver futures can test Rs 71,300 on the upside.
The price of gold differs in regions based on parameters such as making charges, excise duty, and state taxes.
The price of gold differs in regions based on parameters such as making charges, excise duty, and state taxes.
The price of gold differs in regions based on parameters such as making charges, excise duty, and state taxes.
Ten gram of 24-carat gold in Chennai is trading at Rs 52,400, while ten grams of 22-carat gold in Chennai is trading at Rs 48,030.
Bullion has gained about 5.2% this quarter as a Russia's invasion of Ukraine in late February drove gold to a near record high earlier this month
The price of gold differs in regions based on parameters such as making charges, excise duty, and state taxes
Earlier in January, Goldman Sachs had raised their 12-month gold price forecast to $2150 an ounce on the view that an impending US growth slowdown would lead to increased concerns of a US recession
The price of gold differs in regions based on parameters such as making charges, excise duty, and state taxes
10 grams of 24-carat gold is selling at Rs 51,760 on Friday, while the price of 10 grams of 22-carat gold is Rs 47,450.