What's the gold rate outlook for May 8 - should you buy or sell?
Gold and silver price prediction: MCX Gold exhibits a strong bullish trend, poised to retest its all-time high near ₹99,700, supported by global uncertainties and central bank demand. MCX Silver demonstrates resilience, bouncing from a key Fibonacci retracement level, and is likely to surpass its previous swing high of 98,800, potentially reaching 1,00,000.
Gold and silver price prediction: MCX Gold exhibits a strong bullish trend, poised to retest its all-time high near ₹99,700, supported by global uncertainties and central bank demand. MCX Silver demonstrates resilience, bouncing from a key Fibonacci retracement level, and is likely to surpass its previous swing high of 98,800, potentially reaching 1,00,000.
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