Gold- Near & Long Term - Bullion King of India The Bullion King of India added, "The gold market, experiencing a robust rebound from last month's two-year lows, appears to be getting cozy around $1,780 an ounce; but, one bank is cautioning investors that gold's recovery looks fragile. In spite of the recent surge, there is a chance that gold prices may test the $1,750/ounce support level again. Both large and small investors kept selling off their positions in exchange-traded instruments that were backed by gold. Website- https://prithvirajkothari.com/gold-near-long-term/