Outlook bullish as gold price gains almost 3 pct; See strategy here
The November opening week has been good for Gold and the yellow metal price has gained by almost 3 per cent over the last five trading sessions, Anuj Gupta, Deputy Vice President, Commodity and Currency Research at Angel Broking said. This precious metal is currently trading at a 7-week high, with a positive outlook from here, the Senior Analyst said
The spot prices are on the higher side in comparison to the Gold Futures on account of the festive season with demand now picking up for physical gold, Gupta said. Source: Reuters