Gold price update: This week positive movement to continue in precious metals as tensions between US-Iran escalate and no positive outcome if US-China trade talk until now.
Manoj Kumar Jain, Director Of India Nivesh says Gold and Silver able to hold crucial support of $1400 and $15 per Troy ounce last week.
Stronger then expected US core PPI numbers cap gain on the bullion’s but weakness in rupee supported price in domestic market. Fed is also expected to slash interest rates in this month policy meet.
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