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41 percent, at Rs 55,999 on a business turnover of

Опубликовано Анатолий Евсеев в

Here’s what we have to accept: The season will be unlike any in history. The novel coronavirus has deemed it so. So don’t place on it the expectations that come with the marathon of 162 games. For the October series, the yellow metal touched a low of Rs 45,596 and a high of Rs 55,870.Gold futures for October delivery gained Rs 752, or 1.36 percent, at Rs 55,844 per 10 gram in evening trade on a business turnover of 16,548 lots. The same for December delivery jumped Rs 780, or 1.41 percent, at Rs 55,999 on a business turnover of 1,196 lots.The value of the October and December contracts traded so far is Rs 4,873.90 crore and Rs 58.97 crore, respectively.Similarly, Gold Mini contract for September edged higher Rs 718, or 1.30 percent at Rs 55,969 on a business turnover of 13,761 lots.MCX Gold is expected to trade positively with support placed at Rs 54,900 level and intermediate support at Rs 55,150 level, according to Motilal Oswal. The brokerage firm advised its clients to buy on dips targeting higher resistance at Rs 55,600 55,850 zone..

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