Gold - Nov 25, 2020 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities

Commodities	\| More
Gold - Nov 25, 2020 - Mr. Tapan Patel - Senior Analyst (Commodities), HDFC Securities
Posted On: 2020-11-25 06:11:48 (Time Zone: Arizona, USA)

Gold prices traded higher with COMEX spot gold prices recovered to $1812 on Wednesday. Gold December future contract at MCX were trading up to Rs. 48760 per 10 grams in line with firm global gold prices. Gold prices pared some previous loses as investors weighed the vaccine progress and stimulus hopes as President elect Joe Biden started White House transition. Earlier, Gold prices were trading under pressure after US officials said that they plan to release 6.4 million COVID-19 vaccine doses nationwide in an initial distribution. The investors liquidate their holdings in gold with SPDR gold ETF holdings declined to 1200 tonnes from 1220 tonnes. We expect gold prices to trade sideways to up with COMEX gold resistance at $1820, support at $1800. MCX Gold December support lies at Rs. 48400 with resistance at Rs.49200.
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