Gold prices have significantly declined from their April peak due to easing geopolitical tensions and a US-China trade deal. MCX Gold June futures hit a low of Rs 92,975/10 grams, while silver contracts saw a slight increase. Analysts suggest monitoring volatility and recommend buying silver on dips, advising caution with gold trading in the current market conditions.
Dharmesh Shah sees strong support at 25,500–25,700; expects Nifty to rebound towards 26,100 soon
Indian markets saw pressure with Nifty dipping below key support. Analysts believe this is a healthy correction within a bull trend. Nifty is expected to