Gold Silver prices forecast: Gold prices rose today as Omicron risks buoyed the safe-haven appeal of the precious metal. On MCX, gold futures were up 0.65% to ₹48,257 per 10 gram , extending gains to the second day, while silver rates jumped 0.85% to ₹63,497 per kg.
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MCX Silver – MCX Silver Target Today, Free Tips, Trend & Live Market. Get MCX SILVER price today across expiry dates! Price charts & market information on SILVER Futures traded on MCX.
Spot Gold Hold Above $1,850 level ahead of US Data
Gold (Yellow Metal) Reports: Spot gold is holding the lower ground just above $1,850, maintaining its consolidative mode after facing stiff resistance near the $1,868 region. The improving market mood appears to be weighing down on gold price, as the bulls fail to benefit from a broad retreat in the US dollar from yearly highs.
MCX Silver Intraday Resistance key Level 67735 – Neal Bhai
MCX Silver yesterday settled up by 2.03% at 65878 after fresh data showed inflationary pressures in the US continue to increase, which could mean the Fed will have to raise interest rates faster than expected.
Spot Gold Price Could Rise $1,880 if Hold June 16 Highs Give Way
Spot Gold Price: Will US inflation trigger a sustained move above $1,834 in spot gold? This was a rhetorical question to which the response was aptly provided after the US Consumer Price Index (CPI) jumped to the highest levels in 31 years in October, arriving at 6.2% YoY.
Gold Gains Ground As Treasury yields Pull Back After Fed Decision
Gold futures price rebounded Thursday, building on support found as Treasury debt yields declined after the Federal Reserve announced its plans to taper its bond purchases on Wednesday.