Silver and gold prices fell sharply in Indian markets, amid a slump in global rates as higher US bond yields and a rebound in US dollar weighed on the precious metal. On MCX, February gold futures slumped ₹2050 to ₹48,818 per 10 gram on Friday while silver futures tanked ₹6,100 or 8.8% to ₹63,850 per kg.
Gold futures
Intraday MCX Gold Tips Rocking 50150 to 50336, Full Target Hit – Neal Bhai
Intraday MCX Gold Tips Rocking 50150 to 50336, Full Target Hit. Gold prices in India rallied 28 per cent in rupee terms so far in the year 2020, following a double-digit gain in the previous year.
Gold Prices Rises as Dollar Dips on Prospect of Higher U.S. Aid
Gold prices rose on Tuesday as the dollar weakened after the approval of larger coronavirus relief checks by Democratic-led U.S. House of Representatives, while improved risk appetite kept it below last session’s one-week high.
Gold, Silver futures gain on spot demand
Gold prices on Monday rose by Rs 204 to Rs 50,751 per 10 gram in silver futures trade as speculators created fresh positions on firm spot demand.
Gold Silver Tips Today Buy Call Rocking Hit All Target – Neal Bhai
Gold Silver Tips Today : On Multi Commodity Exchange (MCX), the gold futures contract traded flat and silver futures edged lower, following a positive start on Wednesday. At 12:53 pm, MCX gold futures for a delivery on October 5 quoted 0.04 per cent lower at ₹ 50,944, while silver futures were down 0.56 per cent (Rs 357) at ₹ 63,650.
Gold Falls After Positive Jobs Data, London Fix Sparks Selloff
Gold fell from a record as better-than-expected U.S. jobs data signaled the economic rebound is still making headway. Selling was also exacerbated as traders fixed the London gold price lower and the dollar curbed the metal’s haven appeal.
MCX Gold Silver Tips Today – Sell Call Rocking – Neal Bhai Reports
MCX Gold Silver Tips Today – Sell Call Rocking – Neal Bhai Reports
MCX GOLD 52850 — LOW 52604 FULL TARGET DONE
MCX SILVER 63500 — LOW 61945 FULL TARGET DONE
Gold steadied as investors paused after a record-breaking rally that saw futures touch $2,000 an ounce for the first time.