Manoj Kumar Jain of Prithvi Finmart said that global financial markets are witnessing extremely high volatility due to AI-led shocks and a sell-off in global equity markets. According to him, both precious metals are experiencing sharp price swings.
Jain further said that on MCX, gold has support in the Rs 1,54,400-Rs 1,53,150 range and resistance at Rs 1,56,800-Rs 1,58,200. Silver has support at Rs 2,38,800-Rs 2,32,000 and resistance at Rs 2,49,100 – Rs 2,55,000.
