Gold, silver stage recovery after sell-off, gold near 3-month low - The Assam Tribune

AI desk brief

Gold and silver staged a modest rebound on low-level buying after last week’s sell-off, but gold remained near a three-month low. MCX December gold opened Rs 277 higher at Rs 1,42,301/10g, traded up to Rs 1,42,888, and was last at Rs 1,42,500; silver opened Rs 538 higher at Rs 1,96,257/kg, hit Rs 1,97,186 intraday, then eased to Rs 1,95,572. Market participants said gold is still capped below Rs 1,43,000-1,43,700, with support at Rs 1,40,000-1,41,000, while silver remains oversold but fragile with support at Rs 1,92,000-1,94,000 and resistance at Rs 2,00,000-2,02,000.