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May 03 - Commodity Market Update!

EPISODE · May 3, 2024 · 2 MIN

May 03 - Commodity Market Update!

from Religare Broking Podcast · host Research Desk

Gold prices were poised for a second straight weekly decline, although bullion held nearly steady on Friday as investors remained cautious ahead of the U.S. non-farm payrolls data that could provide cues on the Federal Reserve's rate cut timeline. MCX gold’s support lies near 70300 with resistance close to the 70950 level.

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May 03 - Commodity Market Update!

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