Gold Price Today: INR strength to impact trade on intraday basis, expert says; Sell at this level to MAXIMISE profits
MCX August Gold Futures were trading at Rs 48,000 per 10 gm on Tuesday around 3:30 pm, getting expensive by Rs 32 or 0.07 per cent from the last closing price on Monday. His strategy for Monday is to Sell at Rs 49,200. He puts the stop loss at Rs 48,150. He puts the target price at Rs 47,600. There will also be a buying opportunity at Rs 47,600
As for prices in Dubai, 24k Gold was trading at AED 219 (4,441.57 Indian Rupee) per gram while 22k was trading at AED 205.75 (4,172.84 Indian Rupee). Source: Reuters