Silver Forecast for 2023

Gold Prices Dropped Around ₹500 per 10 gram at MCX In December, MCX Silver Future Rates Down ₹1,100

After falling by ₹145 yesterday, gold prices continued to decline for the second day today. Gold futures were trading at ₹37,490 per 10 gram, down by ₹54 or 0.14% after US President Donald Trump said Washington was close to a trade deal with China. So far this month, gold prices have dropped by around ₹500 per 10 gram at MCX.

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Beijing Strategy now to Talk But Wait Due to Impeachment, US Election

Mood in Beijing about trade deal is pessimistic, government source tells me. China troubled after Trump said no tariff rollback. (China thought both had agreed in principle.) Strategy now to talk but wait due to impeachment, US election. Also prioritize China economic support.