Gold MCX Trading Levels 28690 to 29245

Gold Price Drops

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.

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Silver MCX Trading Levels 37100 to 38335

Silver MCX Trading Levels 37100 to 38335

Gold Silver Reports ~ Silver MCX settled up 0.29% at 37864 despite Gold fell on Monday with demand for bullion hurt as the dollar arrested 3-weeks of declines after hawkish comments from US Fed officials renewed expectations of U.S. interest rate hikes.

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