Gold Price Today: Yellow Metal, Silver Continue to Fall. Good Time to Invest?
3 years, 6 months ago

Gold Price Today: Yellow Metal, Silver Continue to Fall. Good Time to Invest?

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Gold prices edged lower on Monday tracking the muted trends in the international market. ?Gold and Silver both are overall in up trend but today we can see some profit booking again as per technical chart, So traders are advise to go for short in small bounce and traders should also focus some important technical levels given below for the day: August Gold closing price Rs 48,994, Support 1? ?International spot gold and silver rebounded on Friday after US nonfarm payrolls did not rise as much as expected, although bullion was still on course to register its biggest weekly decline since March. ?International spot gold and silver prices have started flat this Monday morning in Asian trade helped by a pullback in the dollar and lower bond yields. ?Gold prices posted their biggest weekly decline last week since March on investor concerns over a potential pullback in central bank stimulus amid signs the recovery is gathering pace.

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