Gold Price Today: Expect some profit booking today; Opportunity to buy on dips, this analyst says; See levels to optimise gains

London (Jun 2)  Gold Futures on Wednesday were trading with a slightly positive bias at 12:30 pm appreciating by Rs 50 while Silver Futures were trading in a negative zone around this time falling bu over Rs 350. The domestic prices took cues from the international trends in the absense of any major domestic indicators Expert Anuj Gupta, Vice President (VP), Commodity and Currency Research at IIFL Securities said.

The international spot prices of Gold and Silver have seen some correction today he said. Gold was trading at US 1898 while the silver prices were hovering around USD 27.80. His target on Gold and Silver prices remains intact with Gold expected to touch levels around US 1930 while Silver is staring at levels around USD 30. 

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