Gold Prices Today: Yellow Metal struggled in Indian markets for third day in a row amid softness in global rates. On MCX, gold prices were up 0.1% to ₹46,464 per 10 gram after a two-day decline.
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.
Silver prices spiked after retail sites were overwhelmed with demand for bars and coins at the weekend. Comments on Reddit forum r/WallStreetBets suggested people buy exchange-traded funds linked to the metal because prices have been kept artificially low.