Gold price prediction: What's the outlook for gold, silver amid Middle East tensions?
Gold price prediction today: Gold prices may face resistance at Rs 1,63,275, says Maneesh Sharma, AVP - Commodities & Currencies, Anand Rathi Shares and Stock Brokers.
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Gold climbs over 1pc as widening Middle East war fuels safe‑haven demand
Gold prices rose over 1 per cent on Wednesday, rebounding from a more than one-week low hit in the previous session, as a widening Middle East conflict sent global markets tumbling and supported safe-haven demand. Spot gold gained 1.4pc to $5,157.30 per ounce as of 04:53 GMT. US gold futures for April delivery added 0.8pc to $5,165.80. On Tuesday, bullion fell more than 4pc to its lowest since February 20, weighed by a firmer dollar and dimming rate-cut prospects as inflation concerns were in...
By none@none.com (Reuters)
Read full article →Gold price prediction: What's the outlook for gold, silver amid Middle East tensions?
Gold price prediction today: Gold prices may face resistance at Rs 1,63,275, says Maneesh Sharma, AVP - Commodities & Currencies, Anand Rathi Shares and Stock Brokers.
By TOI BUSINESS DESK
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