Gold, Silver Trade Mixed Ahead Of US Inflation Data, Fed Reserve Decision - ETV Bharat
Gold
Silver
AI desk brief
Gold and silver were mixed in Indian trade ahead of US PPI/CPI releases and next week’s Fed decision, with MCX October gold opening at Rs 1,53,581 and trading near Rs 1,54,177 after an intraday high of Rs 1,54,252. Analysts said gold remains capped below its 20-day EMA, with resistance at Rs 1,54,000-1,54,700 and support at Rs 1,50,700-1,50,000; a break below Rs 1,52,000 could trigger a pullback toward Rs 1,50,700.
Sources used
- S1 ETV Bharat via Google News — Gold, Silver Trade Mixed Ahead Of US Inflation Data, Fed Reserve Decision - ETV Bharat