Gold price slips to Rs97,400 per 10gm

Gold Prices 26th January 2021

Gold prices moved in sideways and remained con-fined in the weekly trading range in the international market on Thursday.

At 1345 hours GMT, gold in the international mar-ket was available at $1,812.60 per ounce after shed-ding $3.

Meanwhile, the price of 10 grams of yellow metal in Pakistan decreased to Rs97,400 after shedding Rs300. The closing prices of the yellow metal in the country remained Rs97,700 on Wednesday last.

According to experts, the Technical Confluences Detector shows that gold price is testing bullish commitments at fierce support around $1810, which is the confluence of the SMA200 one-day and the previous day’s low. —TLTP

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