Gold price outlook: Yellow metal smashes all weekly outlooks to attain life's high - yet again!
MCX Gold is on a roll as the yellow metal smashed all the weekly predictions to attain a new life time high of Rs 49348 per 10 gram on Wednesday. The August Gold Futures ended at Rs 49134, up over 0.6 per cent on Wednesday. The outlook for Gold remains strong for the remaining week, Senior Technical Analyst Anuj Gupta said
The technical analyst was also bullish on silver, indicating that this precious metal will also find traction among investors who cannot afford gold. Source: Reuters