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Gold likely to surge up to Rs 42,000 by December-end, analysts predict

Updated : October 29, 2019 07:40 AM IST

The spot gold prices are likely to bounce back while remaining above the critical support level of $1,458.
Kotak Securities, head of commodities, Ravindra Rao said going forward gold is expected to average in a broad range of $1,460-1,530 in USD and rupee terms average between Rs 36,800-39,400 on MCX.
Gold likely to surge up to Rs 42,000 by December-end, analysts predict
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