Spot gold extended its weekly winning streak to the second straight week in the week ending August 14. It closed 0.70% higher for the week at $4376.
Spot gold extended its weekly winning streak to the second straight week in the week ending August 14. It closed 0.70% higher for the week at $4376.
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Gold has turned decisively positive in the short term, rising to around Rs 155,145 and moving above its recent consolidation range. The price is now approaching the upper end of the recent range, making Rs 157,500–158,000 the key resistance zone for the week.
