Tuesday 8 October 2013

Daily Gold outlook

Gold is likely to remain in focus in the near-term as a safe-haven bet, as time ticks towards the outcome from the October 17 deadline for a possible US shutdown.

International Gold prices are hovering around $1,324 per ounce. Price in India - MCX Gold December futures are trading at a fair amount of discount around Rs 29,400-odd levels, while the near month Gold Mini November futures are hovering around Rs 30,400-odd levels.

The outlook for Gold remains positive. Click Here to read more for the daily support and resistance levels for the MCX Gold.

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