Gold price today: The outlook for precious metal is negative, said Sandeep Matta, founder, TRADEIT Investment Advisor.
Gold price today: Traders are advised to create fresh buy positions in gold, said said Amit Khare, AVP- research commodities, Ganganagar Commodities.
Gold price today: Gold and silver both showed positive movement in early trading sessions, said Amit Khare, Ganganagar Commodities Limited.
Gold price today: Gold prices built some speculative interest and opened moderately high amid selloff in global equity markets.
According to IBJA data, gold price has fallen by almost Rs 1,100/10 gm and silver price by Rs 2,000/kg in the past two days.
Gold price today: Bullion market participants are waiting for more clarity in regard to the Federal Reserve meeting due next week.
Gold price today: 24-carat variant of gold rises marginally by Rs 8/10 gm, 22 carat by Rs 7/10 gm in early trade on September 14.
Gold prices are vulnerable after a steep fall last week and trading below $1790/oz in the international market
While lenders tend to give a gold loan up to 75% of the total metal value, it can inch as high as 80-85% in case of falling prices.
Traders are advised to create fresh buy positions in gold and silver in small dips, said Amit Khare, AVP, research commodities, Ganganagar Commodities