In fact, on the daily’s, it was at a very interesting point where we saw a bounce coming in from the bottoms of 47,900 levels and from there we are sustaining high in the trade, but in the intraday structure over here we are seeing certain profit taking coming in in Bank Nifty as well.
Gold poised for weekly loss as US delays decision on Middle East involvement
Gold prices remained stable on Friday but are set for a weekly loss as President Trump delayed a decision on intervention in the Israel-Iran conflict.