After reaching a new all-time high of Rs 88,310 per 10 grams on the MCX last week, gold April futures saw profit booking at elevated levels on Monday. As of 10:45 am, the contracts were trading 0.32% or Rs 278 lower at Rs 87,713 per 10 grams. Meanwhile, silver May futures on MCX managed to … Read more
Gold prices jumped by 1.7% or Rs 1,200 per 10 gram on Friday taking cues from prices in the international market. The rally was on the back of growing hopes of the September interest rate cut by the US Federal Reserve following a benign July inflation number. Around 8:20 pm, the October gold futures on … Read more
Gold and silver futures traded weak on the MCX on Monday amid lack of positive triggers. On the Comex, the yellow metal traded flat hovering near three-week lows as the Street awaits US inflation data for more cues on the interest rate trajectory from the US Federal Reserve. The December gold futures were trading at … Read more