COMEX gold trades little changed near $1790/oz after a 1.4% gain yesterday. Image: Reuters Gold prices were trading flat to negative on Tuesday, following international prices as a stronger dollar and comments from US Fed Chairman Jerome Powell on the economy weighed on yellow metal’s safe-haven appeal. MCX gold June futures were trading Rs 34
gold price
Gold prices traded down last week. (Image: REUTERS) By Tapan Patel Commodity prices traded mixed during the week passed by with Bullion prices witnessed decline for the second week with risk on sentiments. Base metals continued to trade higher with Nickel rallying the most followed by Copper and Lead on a strong demand outlook. Crude
Mixed data came from the US economy, however, lower interest rates will provide support for gold and silver Gold was trading flat to negative on Friday, mirroring the trend in international spot prices where strong US economic data and elevated Treasury yields dampened the yellow metal’s appeal. On the Multi Commodity Exchange, gold June futures
Gold gained momentum after the US Fed’s pledge for an accommodative fiscal policy stance in yesterday’s policy meeting. Gold prices snapped the 5-day losing streak on Thursday after the US Federal Reserve decided to keep the interest rates unchanged near zero. MCX gold June futures were trading Rs 163 or 0.35 per cent higher at
Indian rupee is also trading below 75 zone, putting downward pressure on MCX prices Gold prices fell for the fifth straight day on Wednesday, following international trends as investors awaited the US Federal Reserve policy decision. MCX gold June futures were trading Rs 208 or 0.44 per cent down at Rs 47,095 per 10 gram