bullion prices

Gold, silver price on 13 May 2024: Yellow metal and silver retreat as investors book profits amid uncertainty

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Gold, silver price on 13 May 2024: Yellow metal and silver retreat as investors book profits amid uncertainty

Gold prices on the MCX hovered at Rs 72,363 per 10 grams on Thursday, hitting an intraday low of Rs 72,281. In the international market, prices maintained a similar trend, hovering around $2,353.18 per ounce. This indicates a certain level of stability in the gold market. Meanwhile, silver hovered at Rs 84,598 per kg and … Read more

Gold ETFs set for biggest sales since March as haven demand ebbs

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Gold ETFs set for biggest sales since March as haven demand ebbs

By Eddie Spence Gold exchange-traded funds headed for the biggest weekly outflow since March as the prospect of a coronavirus vaccine curbed demand for a haven. Investors have sold almost 18 tons from ETFs so far this week after Pfizer Inc.’s announcement of progress on a shot sparked hopes of a turning point in the … Read more