But charts suggest that supports could limit further fall in the yellow metal

Gold extended its downmove for the second consecutive week. The global spot gold price fell to an intra-week low of $1,263.85 per ounce and managed to bounce from there to close at $1,273.35, down 0.6 per cent for the week. Silver, on the other hand, made a low of $16.61 per ounce before closing the week 1 per cent lower at $16.87.On the domestic front, the gold futures contract on the Multi Commo...