Gold prices in India have fallen from recent highs, but the decline is seen as a technical correction rather than a sign of weakening momentum. After rising steadily over the past few months, MCX gold slid towards the crucial support zone of Rs 1,21,800, raising questions on whether the broader rally was losing steam.However, analysts […]
Gold posted a nine-week winning run after a sharp correction as the market revalued a rally that had pushed the metal into overbought territory. Bullion pared losses on Friday after a softer-than-expected US inflation report boosted bets on further monetary easing by the US Federal Reserve. Bond yields fell slowly as traders assess a high […]