The Economic Times News

Commodity Radar: At fresh peak of Rs 1.36 lakh, gold overbought. But 5 reasons why not to sell into strength

Gold prices hit a fresh record of Rs 1.36 lakh per 10 grams on MCX, entering overbought territory after a sharp rally. However, experts say the broader trend remains bullish, backed by strong global cues, central bank demand, and supportive technical indicators, favouring a buy-on-dips strategy rather than selling into strength.