Today’s Commodity Market Tips-Gold Rate Today: Gold, silver prices fall in morning deals

Precious metals gold and silver were trading in the negative territory in the late morning deals on Thursday as minutes from the Federal Reserves’ last policy meeting raised expectations for a faster pace of US rate hikes. MCX Gold futures were trading 0.24 per cent, or Rs 73 lower at Rs 31,282 per 10 grams at 11 am (IST), while MCX Silver futures were down 0.47 per cent, or Rs 185, at Rs 38,996 per 1 kg at the same time.

jewwellery promotional

MCX Gold futures were trading 0.24 per cent, or Rs 73 lower at Rs 31,282 per 10 grams at 11 am (IST), while MCX Silver futures were down 0.47 per cent, or Rs 185, at Rs 38,996 per 1 kg at the same time.

SPDR Gold Trust GLD, the world’s largest gold-backed exchange-traded fund, said its holdings stood at 859.99 tonnes, remain unchanged from the previous business day.

Holdings of the largest silver-backed exchange-traded-fund(ETF), New York’s iShares Silver Trust SLV, stood at 9959.22 tonnes, remain unchanged from the previous business day.

On the global front too, gold prices eased off multi-week highs on Thursday. Gold on Wednesday rose to $1,365.23 per ounce, its highest since January 25, buoyed by escalating tensions in Syria, US sanctions on Russia and the US-China trade spat.

To Get Free Trial on Commodity Market Tips, Mcx Trading Tips give

Missed call @8817002233, WHATSAPP NO.8602780449

Mail Us = starindiamarket@gmail.com

visit = https://www.starindiaresearch.com/mcx-tips.php

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s