Silver on MCX settled down 0.37% at 37862 as U.S. Federal Reserve chairman Jerome Powell played down expectations of aggressive rate cut.
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Gold Prices Fall By 405 Rupees: Gold Silver Reports
Gold Silver Reports –Gold prices on Thursday declined by Rs. 405 to Rs. 32,385 per 10 grams on reduced buying by local jewellers, reported news agency Press Trust of India (PTI) quoting the All India Sarafa Association.
Gold Prices Slip to Lowest This Year, Silver Edges Down
Gold fell to its lowest since end-December on Thursday as indications that the global economy might not be as pain-stricken as previously feared prompted investors to take risks ahead of a slew of economic data.
Muted Domestic Demand Hurt Gold Prices for Second Day
Gold Silver Reports (GSR) – Gold had shed ₹50 to ₹33,170 per 10 gram on Tuesday. Bucking the trend, silver prices however today gained ₹20 to ₹39,120 per kg, tracking higher demand from industrial units and coin makers.
Silver Demand in India Set for 4-Year High on Farm Cash Payout
Silver will see a resurgence in demand this year from rural Indians spending cash handouts from the government designed to aid local economies ahead of the general election, according to Metals Focus Ltd.
Gold Prices Down, Silver Rates Slip
Gold Silver Reports (GSR) – Gold prices today slipped on muted demand from jewellers and muted trend overseas.