Gold - July 29, 2020 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC securities

Commodities	\| More
Gold - July 29, 2020 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC securities
Posted On: 2020-07-29 10:10:03 (Time Zone: Arizona, USA)

Gold prices pared previous day's losses with COMEX spot gold prices rose to $1958 on Wednesday. Gold prices at MCX for August contract were trading up by Rs. 139 to Rs. 52730 with recovery in global gold prices. Gold prices kept the narrow trading range on Wednesday as investors are awaiting for cues from US FOMC meet. The expectations of dovish stance has supported gold prices to hold firm range despite a recovery in dollar. The uncertainty over the $1 trillion aid package has also kept risk premium high in the gold prices. We expect gold prices to trade firm with resistance at $2000 and support at $1920. MCX Gold August has important resistance at Rs. 53000 support at Rs. 51900.
Source: Equity Bulls
Click here to send ur comments or to feedback@equitybulls.com

Other Headlines: Copper - Jan 15, 2021 - Reliance Securities Crude Oil - Jan 15, 2021 - Reliance Securities Crude Oil - Jan 15, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities Gold - Jan 15, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities Silver - Jan 15, 2021 - Reliance Securities Gold - Jan 15, 2021 - Reliance Securities Copper - Jan 5, 2021 - Reliance Securities Crude Oil - Jan 14, 2021 - Reliance Securities Silver - Jan 14, 2021 - Reliance Securities Gold - Jan 14, 2021 - Reliance Securities Crude Oil - Jan 14, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities Gold - Jan 14, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities Crude Oil - Jan 13, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities Gold - Jan 13, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities Crude Oil - Jan 13, 2021 - Reliance Securities Silver - Jan 13, 2021 - Reliance Securities Gold - Jan 13, 2021 - Reliance Securities~ Base Metals - Jan 11, 2021 - Mr. Tapan Patel- Senior Analyst (Commodities), HDFC Securities Crude Oil - Jan 11, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities Gold - Jan 11, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities Crude Oil - Jan 11, 2021 - Reliance Securities Silver - Jan 11, 2021 - Reliance Securities Gold - Jan 11, 2021 - Reliance Securities Views on Copper - Jan 11, 2021 - Reliance Securities Crude Oil - Jan 8, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities Gold - Jan 8, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities Crude Oil - Jan 8, 2021 - Reliance Securities Silver - Jan 8, 2021 - Reliance Securities Gold - Jan 8, 2021 - Reliance Securities Crude Oil - Jan 7, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities Gold - Jan 7, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities Crude Oil - Jan 7, 2021 - Reliance Securities Silver - Jan 7, 2021 - Reliance Securities Gold - Jan 7, 2021 - Reliance Securities Crude Oil - Jan 6, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities Gold - Jan 6, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities Silver - Jan 6, 2021 - Reliance Securities Crude Oil - Jan 6, 2021 - Reliance Securities Gold - Jan 6, 2021 - Reliance Securities Crude Oil - Jan 5, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities Gold - Jan 5, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities Crude Oil - Jan 5, 2021 - Reliance Securities Silver - Jan 5, 2021 - Reliance Securities Gold - Jan 5, 2021 - Reliance Securities Base Metals - Jan 4, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities Crude Oil - Jan 4, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities Gold - Jan 4, 2021 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities Crude Oil - Jan 4, 2021 - Reliance Securities Silver - Jan 4, 2021 - Reliance Securities Gold - Jan 4, 2021 - Reliance Securities