Friday, September 20, 2024
Google search engine
HomeEnglishAhead of the US Job Data Gold Could Test Resistance Levels of...

Ahead of the US Job Data Gold Could Test Resistance Levels of $1850: Manoj Jain, Prithvi Finmart

Gold Rate today | Silver price | Gold | Silver | MCX Gold price |: Gold and Silver price update for 10 March, 2023 Friday. Check 24, 22 carat gold, 18 carat gold rate, 14 carat gold price and silver price in various cities of India. Know outlook on gold and silver by India’s Big commodity experts like Manoj Jain, Prithvi Finmart and Anuj Gupta of IIFL Sec on gold and silver

Manoj Jain, Director of Commodity and Currency in Prithvi Finmart said gold and silver recovered from their lows amid short coverings and profit taking in the dollar index. According to Jain gold prices hold $1800 per troy ounce levels and silver also holds its support level of $19.84 per troy ounce. We expect gold and silver to remain volatile in today’s session ahead of the U.S. job data and could test its resistance levels of $1850 and $20.64 per troy ounce respectively.

Gold Hallmarked Jewelery Rate per 10 gm in Chandigarh 9 March 2023 (Gold Price Today)
23 carat gold price – Rs 55200/10 gm (Rs 900 Down)
22 carat gold price – Rs 52900/10 gm
20 carat gold price – Rs 48100/10 gm
18 carat gold price – Rs 43400
14 carat gold price – Rs 33100
Sone ki Ginni ka Bhav – Rs 43800/ per 8 grams
Silver Price (Silver Price 999.9) – Rs 63800/per kg

Gold Rate Today in Dehradun (10 March 2023) (Sarafa Mandal Dehradun)
24 carat gold price (24 carat gold price) – Rs 57200 per 10 grams
23 carat gold price (958 Hallmark gold price) – 54800
22 carat gold price (916 Hallmark gold price) – 52300
20 carat gold price (833 Hallmark gold price) – 47650
18 carat gold price (750 Hallmark gold price) – 43470
14 carat gold price (583 Hallmark gold price) – 34320
Price of gold ginni (Sone ki Ginni ka Bhav 8 gram 916 Hallmark) – 44190
Silver Price – Rs 64000 per kg
Silver Coin Hallmarked – Rs 760 per piece

Jain said gold has support at $1822-1810, while resistance at $1845-1858 per troy ounce. Silver has support at $20.00-19.84, while resistance is at $20.44-20.70 per troy ounce. At mcx, gold is having support at 55100-54880 and resistance at 55440-55600 while silver is having support at 61500-61100 and resistance at 62400-62850. He suggest buying silver around 61650 with a stop loss of 61100 for the target of 62600.

Anuj Gupta, IIFL Fin Sec, Daily Commodity Calls 10 March 2023
BUY MCX GOLD Apr AT 55100, SL 54850, TARGET 55500
BUY MCX Silver May AT 61700, SL 61250, TARGET 62500
BUY MCX COPPER MAR AT 747, SL 742, TARGET 757
Sell MCX CRUDEOIL mar AT 6350, SL 6480, TARGET 6200

Kedia Advisory, Daily morning calls as on Thursday, 10 March 2023
BUY GOLD APR 2023 at 55100, SL 54900, TGT 55350-55550.MCX
BUY SILVER MAY 2023 at 61500, SL 61000, TGT 62300-62800.MCX
SELL CRUDEOIL MAR 2023 at 6320, SL 6380, TGT 6240-6180.MCX
SELL NAT GAS MAR 2023 at 213.00, SL 218.00, TGT 207.00-202.00.MCX
SELL COPPER MAR 2023 at 756.00, SL 760.00, TGT 750.00-746.00.MCX
SELL ZINC MAR 2023 at 266.00, SL 269.00, TGT 262.00-260.00.MCX
SELL ALUMINIUM MAR 2023 at 207.00, SL 210.00, TGT 204.00-202.00.MCX
BUY LEAD MAR 2023 at 182.00, SL 181.00, TGT 183.00-184.00.MCX

Gold Hallmarked Jewelery Rate per 10 gm in Chandigarh 9 March 2023 (Gold Price Today)
23 carat gold price – Rs 54800/10 gm (Rs 900 Down)
22 carat gold price – Rs 52500/10 gm
20 carat gold price – Rs 47800/10 gm
18 carat gold price – Rs 43200
14 carat gold price – Rs 33900
Sone ki Ginni ka Bhav – Rs 43500/ per 8 grams
Silver Price (Silver Price 999.9) – Rs 63800/per kg (Rs 2600 Down)

Gold Rate Today in Dehradun (9 March 2023) (Sarafa Mandal Dehradun)
24 carat gold price (24 carat gold price) – Rs 56800 per 10 grams
23 carat gold price (958 Hallmark gold price) – 54410
22 carat gold price (916 Hallmark gold price) – 51930
20 carat gold price (833 Hallmark gold price) – 47310
18 carat gold price (750 Hallmark gold price) – 43170
14 carat gold price (583 Hallmark gold price) – 34080
Price of gold ginni (Sone ki Ginni ka Bhav 8 gram 916 Hallmark) – 43880
Silver Price – Rs 64000 per kg
Silver Coin Hallmarked – Rs 760 per piece

Note: The prices being given to you on Gold Price Today are taken from different jewellers and bullion associations of the country. The price of gold, silver in your city may fluctuate as the local jewelers add GST, making charges and hallmarking charges to the gold price. Many jewelers also charge a premium for their shop. Therefore, there is a difference in the price of gold and silver at the shop in bullion.

Disclaimer: This article is written for informational purposes only. This is the opinion of the expert. If you make any investment, first take the advice of your financial advisor. Individuals associated with Gold Price Today do not personally buy, sell or trade gold/silver.

RELATED ARTICLES
- Advertisment -
Google search engine

Most Popular