Gold share price today 11-05-2021: New highs of Rs 56500 and above? Motilal Oswal predicts THIS
Motilal Oswal says that Gold’s volatility in CY2021 until now has been no less than any ride in an amusement park. After a good rally last year, we witnessed some profit booking and consolidation at lower levels amidst the US Presidential election uncertainty, vaccine reports from various pharma companies and volatility in dollar and yields. Although, with all these uncertainties, precious metal packs were backed by strong fundamentals which kept the hopes high for all bulls
Akshaya tritiya aka Akha Teej, an annual springtime festival of the Hindus and Jain is approaching this week. Gold’s demand increases more during these festival: Reuters