Silver and gold prices fell sharply in Indian markets, amid a slump in global rates as higher US bond yields and a rebound in US dollar weighed on the precious metal. On MCX, February gold futures slumped ₹2050 to ₹48,818 per 10 gram on Friday while silver futures tanked ₹6,100 or 8.8% to ₹63,850 per kg.
Gold futures
Intraday MCX Gold Tips Rocking 50150 to 50336, Full Target Hit – Neal Bhai
Intraday MCX Gold Tips Rocking 50150 to 50336, Full Target Hit. Gold prices in India rallied 28 per cent in rupee terms so far in the year 2020, following a double-digit gain in the previous year.
Gold Prices Rises as Dollar Dips on Prospect of Higher U.S. Aid
Gold prices rose on Tuesday as the dollar weakened after the approval of larger coronavirus relief checks by Democratic-led U.S. House of Representatives, while improved risk appetite kept it below last session’s one-week high.
Gold, Silver futures gain on spot demand
Gold prices on Monday rose by Rs 204 to Rs 50,751 per 10 gram in silver futures trade as speculators created fresh positions on firm spot demand.
Gold Price Stands at Rs 54,760 Today, Silver at Rs 61,300 – Gold Silver Reports
Gold price in India has plunged by Rs 110 on Tuesday, hitting Rs 54,760 per 10 gram. On Monday, the price of the yellow metal stood at Rs 54,870 per 10 gm.
Gold Silver Tips Today Buy Call Rocking Hit All Target – Neal Bhai
Gold Silver Tips Today : On Multi Commodity Exchange (MCX), the gold futures contract traded flat and silver futures edged lower, following a positive start on Wednesday. At 12:53 pm, MCX gold futures for a delivery on October 5 quoted 0.04 per cent lower at ₹ 50,944, while silver futures were down 0.56 per cent (Rs 357) at ₹ 63,650.
Gold Falls After Positive Jobs Data, London Fix Sparks Selloff
Gold fell from a record as better-than-expected U.S. jobs data signaled the economic rebound is still making headway. Selling was also exacerbated as traders fixed the London gold price lower and the dollar curbed the metal’s haven appeal. Payrolls rose by 1.76 million in July, beating estimates for a 1.48 …