China Usa India covid-19 president death economy China Usa India

Gold prices today fall for second time in 3 days but silver rates surge

Reading now: 495
www.livemint.com

Gold prices in India remained muted today despite an uptick in global rates. On MCX, August gold futures were down 0.21% to ₹47,007 per 10 gram, their second decline in three days.

But silver continued to march higher on expectations that reopening of economies will spark a revival in industrial demand for the metal.

Silver futures on MCX rose 0.6% to ₹50,409 per kg, adding its ₹1,600 gain on Friday. In global markets, gold prices moved higher today as violent protests in some American cities and deepening US-China rift drove traders towards the safe-haven metal.

Spot gold was up 0.4% at $1,733 per ounce but higher equities forced the precious metal to shed some gains. In the US, protesters have flooded the streets over the death of

Read more on livemint.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA