Gold Prices In India Outlook On Jan-21: How Will 24K, 22K, 18K Prices React On Tues After Trump's Inauguration

Gold Prices In India Outlook On Jan-21: How Will 24K, 22K, 18K Prices React On Tues After Trump’s Inauguration

Gold prices in India is likely to be influenced international prices after Donald Trump’s inauguration day where he signed eight executive orders. However, concrete changes are yet to be announced especially related to US trade policy. Yesterday, 24K, 22K, and 18K gold prices climbed ahead of Trump’s inauguration with dollar index witnessing sour mood.

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Gold prices today fall, a day after big gains; silver rates drop

Gold prices and silver prices dropped in Indian markets amid a strong rally in equity markets. On MCX, gold futures edged 0.15% lower to ₹49,879 per 10 gram, after rising to ₹50,175 earlier in the session. Silver futures fell 0.6% to ₹65,057 per kg. In the previous session, gold futures had jumped 1.5% or ₹750 per 10 gram while silver had surged 2.5% or ₹1,600 per kg.

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US Jobs Report

Gold Prices Tracking US yields, Eyes Turn to Nonfarm Payrolls Data

Gold Silver Reports (GSR) – Gold prices were ranging between $1410.36 and $1421.67 on Thursday throughout the European and lack of a US session. The yellow metals moved over to the early Asian closing session at 41415, -0.28% on the day. This followed Wednesday’s futures settlement of $1,420.90 which was the highest finish for a most-active contract since May 2013.

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