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Gold and silver prices retreated in Friday’s futures trade after robust US employment data reduced expectations of a December interest rate cut by the Federal Reserve. A stronger dollar also weighed on bullion, pulling both metals lower in domestic and global markets.On the Multi Commodity Exchange (MCX), gold futures for December delivery slipped Rs 355,…
Gold and silver prices declined in Thursday’s futures trade as investors pared positions after the US Federal Reserve’s latest meeting minutes signalled continued caution over interest rate cuts.On the Multi Commodity Exchange (MCX), gold futures for December delivery slipped by Rs 511, or 0.42%, to Rs 1,22,540 per 10 grams in a turnover of 10,456…
Gold prices recovered in Wednesday’s futures trade after three straight sessions of losses, as traders engaged in value buying ahead of the release of the US Federal Reserve’s meeting minutes.On the Multi Commodity Exchange (MCX), December gold futures rose by Rs 674, or 0.55%, to Rs 1,23,314 per 10 grams in 10,726 lots. The February…
Gold and silver prices declined sharply on Tuesday, marking the third straight session of losses as diminishing expectations of a US Federal Reserve rate cut in December weighed on investor sentiment. On the Multi Commodity Exchange (MCX), December gold futures slipped Rs 1,807, or 1.47 per cent, to Rs 1,21,120 per 10 grams, while the…
Gold and silver prices retreated on Monday as traders pared positions following hawkish remarks from US Federal Reserve officials, which weakened hopes of a rate cut in the upcoming policy meeting. The shift in sentiment pulled bullion prices lower after last week’s strong rally.On the Multi Commodity Exchange (MCX), gold futures for December delivery slipped…
Gold prices edged higher on Wednesday, tracking gains in global markets amid renewed optimism that the US Federal Reserve may cut interest rates next month. On the Multi Commodity Exchange (MCX), December gold futures climbed by Rs 328, or 0.26 per cent, to Rs 1,24,241 per 10 grams, with a business turnover of 12,868 lots.The…
