India, Sept. 30 -- Technically Gold market is under fresh buying as market has witnessed gain in open interest by 1. 39% to settled at 15057 while prices up 514 rupees.
Now MCX Gold is getting support at 50254 and below same could see a test of 49856 levels and resistance is now likely to be seen at 50870 a move above could see prices testing 51088.
Gold yesterday settled up by 1.03% at 50652 supported by a pull-back in the dollar as investors waited for the first U.S. presidential debate and further developments on a new U.S. coronavirus relief bill.
Investors are also keeping close tabs on the prospect for a fiscal coronavirus package with Democratic lawmakers in U.S. House of Representatives unveiling a $2.2 trillion relief bill altho...