Gold MCX Tips Today: Gold yesterday settled up by 1.07% at 45418 as the dollar lost some ground and the yields on U.S. bonds dropped a bit. Data showing an increase in U.S. initial jobless claims also contributed gold’s uptick.
Gold Rate Today
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.
Gold MCX Tips Today 01-04-2021 | Gold All Target Hit
Gold price (XAU/USD) advances during the North American session on Friday, up 0.64% as the US government shutdown extends, while risk aversion keeps US equity markets poised for weekly losses. At the time of writing, Bullion trades at $4,002 after bouncing off daily lows of $3,974.
Silver Prices Today Struggle, Down Below Key Level
Gold and silver prices today struggled in Indian markets today after a sharp rise in the previous session. On MCX, June gold futures were flat ₹44977 per 10 gram while silver rates were down 0.35% at ₹63595 per kg. In the previous session, gold had risen 1% while silver 0.9%.
Gold Prices Today Fall, Down at one-Year Lows; Silver Drops
Gold prices fell for fifth day today while silver continued its downtrend in Indian markets, tracking softer global rates. On MCX, June gold futures fell 0.3% to near one-year low of ₹44,300 while silver declined 0.8% to ₹62,617 per kg. In the previous session, gold had declined 0.5% while silver had tumbled 1.7%.
Gold prices today fall, now close to one-year lows; silver rates drop
Gold prices today: Gold and silver prices today: declined in Indian markets, tracking softer global rates. On MCX, gold futures fell 0.23% to ₹44590 while silver edged lower to ₹64,840 per kg. In the previous session, gold fell 0.35% while silver declined 0.5%. Earlier this month, gold prices had dropped to nearly one-year lows of ₹44,150. After today’s fall, the precious metal is down about ₹11,500 from August highs of ₹56,200.
Gold imports slip 3.3% to $26.11 billion in Apr-Feb: Govt data
![MCX Gold to Trade Sideways: Support at Rs 50300 [29-Aug-2022]](https://www.goldsilverreports.com/wp-content/uploads/2021/03/jewellers-shop-14032021.webp)
Gold imports, which have a bearing on the country’s current account deficit (CAD), fell 3.3% to $26.11 billion during April-February 2020-21, according to the commerce ministry data.