The Economic Times

Gold prices up Rs 1,300/10 grams; silver rebounds Rs 3,400/kg as falling oil eases rate cut bets. Buy, sell or hold?

Gold and silver prices opened higher on the MCX on Thursday, supported by softer oil prices, a weaker dollar and expectations around the US Federal Reserves policy path. Investors are now focused on Fed Chair Kevin Warshs remarks at Jackson Hole, while analysts have outlined key support and resistance levels for both precious metals.