Gold price little changed amid steady dollar; experts highlight key levels for MCX Gold
Live MintGold price today: Gold rates changed a little in the domestic futures market on Tuesday morning amid a steady dollar and a decline in the US bond yields. Manoj Kumar Jain of Prithvifinmart Commodity Research pointed out that gold is near its key support level of $2,588 per troy ounce, and if prices fell below these levels, it could show further weakness in the upcoming sessions. Experts' strategy for gold Jain expects gold and silver prices to remain volatile this week amid volatility in the dollar index and volatility in the global financial markets. "Gold has support at $2,604-2,588, while resistance at $2,634-2,650 per troy ounce and silver has support at $29.10-28.80, while resistance is at $29.66-29.88 per troy ounce in today’s session," said Jain.