Gold Likely To See Profit Booking This Week, Price May Fall Rs 400-800/10 Gm

After logging its best eight-day performance in five months, physical buyers of gold might get to see a Rs 400-800 per 10 gm dip in the metal price this week with a risk-on appetite returning on hopes of a rate cut by the US Fed in June or July and US President Donald Trump indefinitely delaying tariffs on Mexican imports. However, analysts add that any dips are likely to be bought into.

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Posted in: Indian Market Tips