Gold set to Climb to New Peak?

Ahead of US Fed Meeting, Gold under sell off in the early morning transactions.

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Gold Future on MCX opened lower at Rs 61117 per 10gm after it hits Rs 61199 high and Rs 61110 low.

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Spot Gold Price is at around 1992 per ounce levels in the international market.

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Retracement in Gold might be seen, as per HDFC Securities head, Anuj Gupta.

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Anuj Gupta also said that in case the US Fed meeting results in sync with the expectations, then we can expect the gold prices to clim by Diwali 2023.

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