Silver Forecast and strategy: Silver prices edged lower to settle at Rs 66,941 per kg on April 9 as participants trimmed their positions as seen by the open interest. The precious metal tumbled tracking stronger dollar and weakness in gold and industrial metals.
Commodity News
Commodity News – Real-time Accurate MCX Commodity Market News and forecast for today. Best commodity market online tips through whatsapp and telegram by Neal Bhai.
Gold Prices Today Fall After Jumping over ₹1,000 in 2 Days, Silver Drops
Gold Prices Today: Silver and gold prices today edged lower in Indian markets after seeing a steep rise over the past few days. MCX gold futures were down 0.1% to ₹46,793 per 10 gram while silver prices dropped 0.4% to ₹67,240. Over the previous two sessions, gold had risen over ₹1,000 per 10 gram. On MCX gold futures has support at ₹44,940 and resistance at ₹47,380, says Neal Bhai.
Gold price Holds Decline After Fed Minutes as Dollar, Yields in Focus
Gold price holds decline, tracking movements in the dollar and bond yields, with investors weighing the latest insights into the Federal Reserve’s stance on monetary policy and inflation risks.
Gold Price Rises to Highest in Week as Dollar Slips
Gold price advanced to the highest in more than a week as gains in bond yields and the dollar abated.
First U.S. Gold Coin May Fetch $15 Million in Private Sale
The Brasher Doubloon, the first gold coin struck in the U.S., is being offered privately at a $15 million asking price, according to numismatic adviser Jeff Sherid. His firm, Los Angeles-based PCAG Inc., is marketing the coin on behalf of a collector he would only identify as a former Wall Street executive.
India Gold Lenders Cut Tenor, Watch Collateral on Price Fall
Indian firms that lend against gold are cutting tenors and seeking more collateral to protect against the plunge in prices of the precious metal.
How To Buy Gold Biscuits in India?
How To Buy gold biscuits in India? People own physical gold in the form of jewellery, gold biscuits, coins, and even bars. Nowadays, in addition to purchasing gold from your neighbourhood jeweller.