Commodities & currencyCNBC-TV18
Gold rebounds after sharp fall, silver lags
Neutral0
GreyOak summary
Gold prices edged higher on the Multi Commodity Exchange following a sharp correction, trading at ₹1.36 lakh per 10 grams. Silver continued to trade under pressure at ₹1.78 lakh per kg. The recovery is driven by bargain buying and positioning adjustments after international prices fell. Investors are watching US Producer Price Index data for clues on inflation and Federal Reserve policy.
What it affects
- GoldNeutral 0
Gold prices edged higher on MCX.Rolling sentiment Neutral -2
- SilverNeutral 0
Silver futures continued to trade under pressure.Rolling sentiment Neutral 0
