Gold prices edged lower in volatile trade on Thursday, as a spike in coronavirus cases and mounting economic tolls drove investors to the safety of the U.S. dollar and pressured risky assets.
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 in India Fell Marginally Today – Gold Silver Reports (GSR)
Gold prices in India fell marginally today after hitting a record high in the previous session. On MCX, gold futures fell 0.12% to ₹48,074 per 10 gram, after declining 0.2% in the previous session.
Gold Silver Saw Profit Booking in Opening Trade Session
Gold and silver saw profit booking in the opening trade on Tuesday even as Covid-19 patient count surged across the world, making the job of governments very difficult to ensure economic recovery.
Gold prices fall today after sharp jump, silver rates drop
Gold and silver prices in India today fell after a big jump in the previous session. On MCX, August gold futures were down 0.5% to ₹47,345 per 10 gram after surging about ₹600 in the previous session.
Gold Price Slips as Traders Book Profit
Gold and silver prices saw profit booking in early hours of trade on Monday even as coronavirus cases in India mounted and a second wave of cases across the world worried the governments.
The Gold/Silver Ratio Currently Stands at 100.28 to 1 – GSR
Gold/Silver Ratio : Gold prices slipped Rs 276 to Rs 47,047 per 10 gram in the Mumbai bullion market on weak global cues. Gold prices declined from the recent highs as investors locked in the short term profits near the resistance levels at $1745.
Gold prices fall over 1% as dollar holds firm amid new wave fears
Gold prices fell more than 1 per cent on Monday as the dollar hovered near a more than one-week high, but the metal held above $1,700 an ounce, buoyed by fears of a second wave of coronavirus infections.