MCX Weekly Research Report 02 To 06 May 2022 [Fed Update]

Gold futures fell nearly 4% in a week on MCX – Gold futures for December delivery on the Multi Commodity Exchange (MCX) fell Rs 5,768, or nearly 4%, over the past week to close at around Rs 1.42 lakh per 10 grams. Elevated US Treasury yields and a stronger dollar have weighed on the yellow metal, limiting attempts at a recovery.

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