03 Feb 2026 | 3 Mins Read

Gold prices might recover soon, says SAMCO

Flipitmoney

Gold prices rebounded Tuesday on bargain buying and short-covering, with analysts at SAMCO Securities viewing the move as part of a consolidation phase rather than a decisive trend change. A broader range-bound phase is expected, with resistance near ₹180,779 and support around ₹136,185-₹132,294, creating a stronger base for the next upward move.