Economy
Gold Prices Expected to Remain Volatile Amid Global and US Cues
Livemint1h
THE BRIEF
1
Gold futures for October delivery on the MCX rose 1.04% last week to settle at ₹1.54 lakh per 10 grams, while Comex gold futures closed higher at $4,424.9 per ounce.
2
Market analysts note that gold prices will likely remain volatile next week as traders track US dollar movements, Treasury yields, West Asia developments, and crude oil trends.
3
Technically, MCX Gold is stabilizing above the ₹1,50,000 support zone with immediate resistance marked between ₹1,54,000 and ₹1,54,700.