Yellow metal to remain range-bound ahead of Fed meet outcome

Mar 16, 2022 1 min read

Gold has support around Rs 51,000

Mr.Nirpendra Yadav, Senior Research Analyst, Swastika Investmart, shares his opinion on the commodity markets, commodities stocks, and prices of Gold and Silver in moneycontrol publications.

Gold has support at Rs 51,000 and resistance at Rs 52,200. Prices of the yellow metal are likely to be range-bound today as investors are waiting for Fed's outcome scheduled later in the day, says Nirpendra Yadav, Senior Commodity Research Analyst a Swastika Investmart.