February 11, 2026 05:45 am (IST)

Make this your homepage

All Finance

Bangladesh poll manifestos mirror India’s welfare schemes as BNP, Jamaat bet big on women, freebies | Drama ends: Pakistan makes U-turn on India boycott, to play T20 World Cup clash as per schedule | ‘Won’t allow any impediment in SIR’: Supreme Court pulls up Mamata govt over delay in sharing officers’ details | India-US trade deal: ‘Negotiations always two-way’, says Amul MD amid farmers’ concerns | Khamenei breaks 37-year-old ritual for first time amid escalating Iran-US tensions | India must push for energy independence amid global uncertainty: Vedanta chairman Anil Agarwal | Kanpur horror: Lamborghini driven by businessman’s son rams vehicles, injures six | ‘Namaste Trump beat Howdy Modi’: Congress slams PM Over India-US trade deal | Historic India-US trade pact: Tariffs cut, $500B market opportunity unlocked! | Big call from RBI: Repo rate stays at 5.25%, neutral stance continues

Gold Outlook by CapitalVia Global Research

By Vivek Gupta, CMT, Director Research, CapitalVia Global Research Limited | | Jan 02, 2015, at 02:54 am

#Gold Outlook by CapitalVia Global Research # Vivek Gupta

Gold gained on Tuesday, whereas modestly lower than expected US Consumer confidence data, fall in equity markets and modest cut in the Greenback most likely supported the positive move in Bullion.

But still remained vulnerable as the U.S. dollar was trading near nine-year highs against a basket of other major currencies.

Assets in the SPDR Gold Trust dropped 0.2 percent on Wednesday to 710.81 metric tons, the lowest since Sept. 2008.

In upcoming days, we can expect COMEX Gold February Futures prices to trade on negative note due to strong volatility in Currency.

Technically If COMEX Gold breaks the level of $1180 then it can test the level of $1155 and $1130 on the downside. If MCX Gold Feb futures breaks the levels of 26660 on downside then movement can be seen till the levels of 26400 and 26080.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.

India
International

Related Images

Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:41 pm

Veedol signs former Indian skipper Sourav Ganguly as brand ambassador Jun 29, 2024, at 06:38 am

In Images: Glimpses from Bengali film Fatafati's premiere May 13, 2023, at 08:39 pm