Commodity Prices : You’d think a world tiptoeing its way out of the coronavirus pandemic might only be good news for governments and economies. Yet the consequent surge in the price of energy, metals and crops is highlighting the strengths of some and the vulnerabilities of others.
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Gold Prices Slip ₹520; Silver Rate Down ₹425
Gold prices on Thursday slumped by ₹520 to ₹31,250 per 10 gram at the bullion market tips here due to weak demand from jewellers amid weak global cues, according to the All India Sarafa Association.
Commodity Gold Market: Gold prices is Focused on What Equity Markets are Doing
Gold Silver Reports (GSR) – Gold is more focused on what equity markets are doing and if equities continue higher gold will trade lower despite a weaker dollar.
![Fundamental Analysis of Commodity Market for Today [30 July 2024]](https://www.goldsilverreports.com/wp-content/uploads/2019/04/BASICS-OF-COMMODITY-TRADING-IN-INDIA.jpg)
Gold Down as Equities Up Ahead of Fed Policy Meeting
The dollar was steady at 96.593, against a basket of major currencies, after falling 0.2 percent in the previous session.