Gold prices opened on the MCX on Monday at Rs 72,030 per 10 grams and hit an intraday low of Rs 71,850. In the international market, prices hovered around $2356.21 per ounce. Meanwhile, silver opened at Rs 82,799 per kg and hit an intraday low of Rs 82,798 on the MCX. In the international market, … Read more
Silver prices fell significantly in recent weeks, dragged down by concerns over Chinese demand, a strong recovery in US yields, and a firmer dollar. In the benchmark London Spot market, prices corrected more than 12% in the last one month while losses were limited to 9% in domestic futures due to a weak Indian rupee. … Read more
NEW DELHI: Gold prices pulled back from a five-month peak in Monday’s session as a firm dollar decreased the appeal of the yellow metal. The US dollar index hovered close to a 16-month high, pressuring bullion by increasing its cost to buyers holding other currencies. Gold futures on MCX were trading lower by 0.23 per … Read more