MCX Gold Declines with US Election, Fed policy in focus; Experts' Strategy for MCX Gold

MCX Gold Declines with US Election, Fed policy in focus; Experts’ Strategy for MCX Gold

Gold price today: Gold rates dropped significantly in the domestic futures market on Monday morning as investors exercised caution ahead of two critical events this week: the US election and the Federal Reserve’s policy announcement. Both are expected to significantly impact the movement of the US dollar, bond yields, and bullion prices going forward. MCX Gold for December 5 expiry traded 0.55 per cent down at β‚Ή78,430 per 10 grams around 9:30 am.

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