Comex gold gained 2.8% in March to close at $1,954 an ounce. Comex silver posted a slightly better performance, posting gains of 3.2% to settle at $25.13 an ounce. A move past $1,970 could help Comex gold rise to $2,015-2,025. On the contrary, a drop below the support level at $23.8 would be a sign of weakness and the Comex silver price could then drop to the $21.5-22.5 zone. In sync with the international price, the MCX gold price, too, moved well past the target price of ₹53,500-54,500 mentioned last month.

Source: The Hindu April 04, 2022 07:52 UTC