Gold muted on firmer dollar, heads for worst week in over a month…. LATEST NEWS UPDATE BY MOONCOMMODITY.COM

GOLD NEWS UPDATE :

Gold prices lingered near the one-month low hit in the previous session on Friday, as the dollar NSE 0.85 % strengthened and hopes of an immediate U.S. coronavirus aid package waned.

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SUPPORT & RESISTANCE….

Commodity                            Resistance                   Support
Gold                                            50964                         50129
Silver                                           62058                        58658
Crude Oil                                    2858                           2714
Natural Gas                                246.2                          242
Nickel                                           1199                           1159.1
Copper                                         533.1                          524.05
Zinc                                               203.9                         199.3

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Silver futures drop on subdued demand…LIVE NEWS UPDATE BY MOONCOMMODITY.COM

Silver futures on Thursday dropped by Rs 442 to Rs 59,696 per kg as participants reduced their bets on low demand. On the Multi Commodity Exchange, silver contracts for December delivery tumbled by Rs 442, or 0.73 per cent, to Rs 59,696 per kg in a business turnover of 14,949 lots.

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Gold declines Rs 121, silver plunges Rs 1,277…Latest News Update By MoonCommodity.Com

GOLD NEWS UPDATE !!!

Gold prices fell Rs 121 to Rs 50,630 per 10 gram in the national capital on Thursday, according to HDFC Securities. The precious metal had closed at Rs 50,751 per 10 gram in the previous trade.

Silver prices also declined Rs 1,277 to Rs 60,098 per kilogram from Rs 61,375 per kilogram in the previous trade.

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