Gold price gains over Rs 1,000 per 10 gm in 2 sessions; MCX gold above Rs 77,700/ 10 gm

ZeeBiz WebTeam | Dec 10, 2024, 10:38 AM IST

Gold prices in today's session (December 10) extended their previous day's gains on the MCX as safe-haven buying got a push amid geo-political crisis. In early trade at around 9:53 am, Gold February futures on the MCX were up 0.29 per cent or Rs 224 at Rs 77,710 per 10 gm.

 

 

 

 

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Gold rate today: Spot gold rate in international markets

Gold rate today: Spot gold rate in international markets

Gold rate today: Spot gold in the international markets were also up at $2,672.36, up 0.45 per cent.

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Gold rate today: Spot gold rate in international markets

Gold rate today: Spot gold rate in international markets

Gold rate today: 24K gold in India is retailing at Rs 78,750 per 10 gm in Delhi, while 22K gold rate is priced at Rs 72,200 per 10 gm.

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Gold rate today: Gold records sharp gains, zooms to 2-week high

Gold rate today: Gold records sharp gains, zooms to 2-week high

Gold rate today: In the previous session, gold prices recorded sharp gains and scaled to 2-week high, similarly silver prices it 4-week highs in the international markets.

 

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Gold rate today: Safe-haven buying gets a boost

Gold rate today: Safe-haven buying gets a boost

Gold rate today: Gold and silver gained amid safe-haven buying after the collapse of Syrian rule and the political crisis in South Korea.  

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Gold rate today: China gold buying also spur gains in the precious yellow metal

Gold rate today: China gold buying also spur gains in the precious yellow metal

Gold rate today: China in its meeting on Monday has committed to be more proactive in its  fiscal stimulus measures and has also indicated to resort to a moderately looser monetary policy in 2025.

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Gold rate today: China's central bank turns net buyer in gold in November

Gold rate today: China's central bank turns net buyer in gold in November

Gold rate today: The Chinese central bank also turns buyer for gold in November month after a long pause of six months. People's Bank of China bought 5MT of gold in November month and this could further support gold prices.

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Gold rate today: Gold price near-term outlook

Gold rate today: Gold price near-term outlook

Gold rate today: Manoj Jain, Commodity Expert- India Nivesh said tha he expects gold and silver prices to remain volatile this week amid volatility in the dollar index, geo-political tensions and the U.S. inflation data but it could hold its key support levels of $2,588 and $29.88 per troy ounce levels respectively on a weekly closing basis.

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Gold rate today: Trading strategy in gold and silver

Gold rate today: Trading strategy in gold and silver

Gold rate today: Jain suggests buying gold on dips at around Rs 77,150 with a stop loss of 76,800 for the target of Rs 77,800 and also suggest buying silver on dips around Rs 94,500 with a stop loss of Rs 93,650 for the target of Rs 96,100.

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Gold rate today: Support and resistance level for gold/ silver on MCX

Gold rate today: Support and resistance level for gold/ silver on MCX

Jain said on the MCX, gold is having support at 77140-76800 and resistance at 77770-78050 while silver is having support at 94400-93600 and resistance at 96000-96650.

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