Gold price today rises close to Rs 47,400; silver inches towards Rs 70,000

Gold price today rises close to Rs 47,400; silver inches towards Rs 70,000

NEW DELHI: Gold and silver futures prices traded with gains on Monday bucking the international trend, however rise in the yellow metal was limited. Benchmark US Treasury yields rose to their highest levels since March on Friday, while inflation expectations edged up to a six-year high. Higher inflation boosts gold but also lifts Treasury yields, … Read more

Gold prices today fall below Rs 47,200, can plunge to Rs 45,000, say analysts

Gold prices today fall below Rs 47,200, can plunge to Rs 45,000, say analysts

NEW DELHI: Gold and silver futures prices continued their decline on Monday as improving economic activity lifted the risk appetite, resulting in flow of funds from precious metals that are considered safe havens. The drop is despite the US dollar falling from an over two-month peak on Friday after a US jobs report indicated a … Read more