Gold prices fell as US-China trade talk hopes reduced demand for safe-haven assets. Investors await the Federal Reserve’s policy meeting for interest rate clues. Learn more about gold, silver, and other metal prices.
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MCX Gold-Silver Major Update By Neal Bhai MFA Technical Analyst
Get the latest updates on MCX Gold and Silver prices for month of May. Learn about price changes, market trends and factors driving these precious metals in simple language.
Gold MCX Trading Levels 28690 to 29245
Gold Silver Reports ~ Gold on MCX settled down -0.65% at 28941 dropped tracking weakness from Comex Gold while unable to challenge a recent 13-month high near $1280 as traders booked profits after gains from last week’s dovish interest rate announcement by the Fed. The dollar arrested three weeks of declines after hawkish comments from US Fed officials renewed expectations of US interest rate hikes.