Gold This Week Overview till 22nd September

٢١ سبتمبر ٢٠٢٣

Gold prices are expected to trade in a range of 56,000-58,500 rupees per 10 grams this week, with a downside bias. The US Federal Reserve's commitment to a more aggressive monetary policy stance is likely to weigh on gold prices in the near term. However, gold could find some support from a weaker rupee and rising geopolitical tensions.

If gold reaches between 58600-58500 then we can plan long for +900 points