Gold Rate Today: Gold drops on strength in US dollar. Check price of yellow metal in Delhi, Ahmedabad, and other Indian cities

“Bullion daily charts are trading at the demand zone, with good upside movement seen in the near term. The momentum indicator RSI also indicates the same so traders are advised to make fresh buy positions in Gold and Silver near the given support level with a stop loss of at the support. Investors should book profit near the given resistance levels,” Amit Khare Associate Vice President at Ganganagar Commodity Limited (GCL) Broking.