Gold prices fell for fifth day today while silver continued its downtrend in Indian markets, tracking softer global rates. On MCX, June gold futures fell 0.3% to near one-year low of ₹44,300 while silver declined 0.8% to ₹62,617 per kg. In the previous session, gold had declined 0.5% while silver had tumbled 1.7%.
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Gold prices Trading in a Narrow Range | Gold Silver Reports
Gold prices have been trading in a narrow range since they marked a 9-month low on the 8th of March, with attempts to push higher being weakened by growing interest around bond yields, which is, in turn, keeping the US Dollar supported around 4-month highs.
Gold prices Today Jump to one-month High, Silver Rates Surge ₹3,600
Gold prices Today: Gold and silver prices surged today in Indian markets tracking firm international prices. On MCX, February gold futures jumped 1.4% to one-month high of ₹51,009 per 10 gram while silver futures surged 5.4% or ₹3,600 to ₹71549 per kg. In the previous session, gold futures had edged 0.17% after three days of up-move lower while had fallen 0.6%.
Gold prices in India: Will gold prices fall in India? | Gold Silver Reports
Gold prices in India struggled in a range during the week though on a weekly basis the precious metal posted slight gains. On MCX, gold futures settled flat at ₹45,008 per 10 gram on Friday. On a weekly basis, gold was up ₹250 per 10 gram. Silver futures on MCX settled at ₹67,453 per kg. Physical gold demand in India was however subdued this week, news agency Reuters reported, citing gold dealers.
Gold Rate Today at Rs 48,380 per 10 gm, silver trending at Rs 67,700 a kg
Gold rate today: Gold jewelry price varies across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making changes.