Gold price retraces from record high. Right time to accumulate?3 min read . Updated: 28 Jan 2023, 09:13 AM IST
- Gold rates have immediate hurdle placed at ₹57,200 levels whereas it has immediate support placed at ₹56,200 per 10 gm levels, believe commodity market experts
Gold rate today: On account of weak US treasury weighing on dollar index and US Fed softening stand on interest rate hike, gold price on Multi Commodity Exchange (MCX) climbed to a new high of ₹57,150 per 10 gm in the week gone by. However, profit booking soon triggered and it finally ended at ₹56,875 levels on Friday, logging weekly gain of 0.35 per cent in domestic market. In international market, spot gold price finished at 9-month high of $1,927 per ounce.
Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile!Let’s get started
Select your Category