Gold prices today zoomed to a new peak of Rs 10,925 per ten gram driven by firming global cues as a decline in dollar boosted interest in the precious metal as an investment option.
The metal set the new peak of Rs 10,925 per ten gram by adding Rs 160 in Kolkata. In Delhi, it surged Rs 170 to reach its new high of Rs 10,780, while gaining Rs 130 to Rs 10,670 per ten gram in Chennai. In the Mumbai bullion market, gold prices rose by Rs 105 to Rs 10,715.
The earlier peak for gold was Rs 10,710 per ten gram reached in the Delhi bullion market on May 12 last year, when it touched an intra-day high of Rs 10,800.
Minor-Major Trend -Bullish
support level seen -10610, 10640
and i am recomnded to buy in dips
Saturday, December 29, 2007
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