Religare Broking Podcast

Gold has strengthened and on track for its best week since early April, as weak U.S. employment figures fueled bets of interest rate cuts by the Federal Reserve this year. Day’s support lies near 72500 with resistance close to the 73200 level

The market resumed its corrective stance following a day of consolidation, experiencing a decline of nearly one and a half percent.

Gold futures are trading with a weak bias since morning.

Market volatility persisted, ultimately resulting in marginal changes as they paused following a recent decline.

Markets edged lower and lost over half a percent, in continuation to the prevailing trend. After the flat start, the Nifty inched gradually lower as the day progressed and finally settled at 22,302 level.

Gold prices have steadied after previous session gains, buoyed by bets that the U.S.

The market began the week quietly and concluded with little change, influenced by mixed signals

Gold trades with a positive tone in response to persistent safe haven demand appeal

Once again, the markets experienced significant volatility, ending the day with a loss of nearly one percent. 

Gold prices were poised for a second straight weekly decline, although bullion held nearly steady on Friday as investors remained cautious ahead of the U.S. non-farm payrolls data that could provide cues on the Federal Reserve's rate cut timeline. MCX gold’s support lies near 70300 with resistance close to the 70950 level.

Trading in the markets remained lackluster, closing marginally higher amid a blend of signals.

Gold has given back morning session gains  and prices are nearing a four-week low, as investors continued to assess the Federal Reserve’s policy decision.

Gold has been trading with a negative bias since morning. 

Market started the week on a strong note and gained nearly a percent, in continuation of the prevailing trend.

Gold is trading with a positive bias although lack of any economic data for the evening session has curbed the upside.

Markets witnessed profit taking on Friday and shed over half a percent, tracking feeble global cues.

Gold has been trading with a positive bias since morning

Markets resumed up move on the monthly expiry day and gained nearly a percent.

Markets took a breather after the recent surge and ended marginally higher.

Gold is trading in a narrow band as the market's attention turns to upcoming U.S. economic data

Markets edged higher for the third successive session and posted modest gains, tracking favorable global cues. 

Gold markets have turned bearish of late as the Middle East worries have reduced in the recent week. MCX gold’s support lies near 70000 with resistance close to the 70650 level.

Markets strengthened recovery and gained nearly a percent, in continuation to Friday’s rebound. 

Gold is presently trading with a weak bias. The concerns have reduced over the potential of full-scale war between Israel and Iran and the market now focuses on the upcoming US economic data. Gold’s support lies near 71500 with resistance close to the 72150 level.

Markets remained choppy for yet another day but managed to gain over half a percent