MCX gold and silver futures fell sharply amid market anxiety over a possible Federal Reserve policy shift. Support levels for August gold futures are now around Rs 1,49,565 to Rs 1,51,875, indicating a bearish trend. The dip raises questions for investors about buying opportunities versus further declines. Commodity traders are closely watching Fed signals for future price direction.
MCX gold and silver futures fell sharply amid market anxiety over a possible Federal Reserve policy shift. Support levels for August gold futures are now around Rs 1,49,565 to Rs 1,51,875, indicating a bearish trend. The dip raises questions for investors about buying opportunities versus further declines. Commodity traders are closely watching Fed signals for future price direction.