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Gold tests major hurdle at Rs 56,850; Silver likely to play catch-up

The overall bias for Gold prices likely to remain bullish as long as Gold sustains above the Rs 55,700 - Rs 55,400 support zone. This week, Silver prices may look to retest the Rs 70,000-mark.

Rex Cano |Business Standard | Mumbai
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Gold tests major hurdle at Rs 56,850; Silver likely to play catch-up

4 min read Last Updated : Jan 23 2023 | 9:19 AM IST
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The MCX Gold and Silver futures exhibited a divergent trend so far in 2023, with the Gold prices gaining more than 3 per cent, while Silver declining over a per cent. As Gold prices have now reached t

Topics :Gold PricesSilver Pricescommodity tradinggold silver demandgold silver pricesCommodity derivativesTrading strategiesDerivative tradingPrecious metals

First Published: Jan 23 2023 | 9:19 AM IST

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