Gold at three-week low. Will it fall further?
The December gold futures were trading at Rs 59,604 per 10 gram, down by Rs 148 or 0.25% from the Thursday closing price. Meanwhile, the December silver futures were trading at Rs 69,231 per kg, lower by Rs 801 or 1.14%.
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India VIX was up by 1.16% from 10.98 to 11.10 levels on Friday. Volatility was slightly up but created momentum in the indices.
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Investec maintained a buy rating on BSE and raised the target price to Rs 2345 from Rs 2140 earlier.