Gold, silver eases on MCX

While the futures for June contract were seen trading at Rs 28,286 per 10 grams lower by Rs 109.
However, Spot gold on MCX increased and was seen trading at Rs 27,873 per 10 grams and silver rose to Rs 58,345 per kgs.
While, silver for March delivery had a steep fall and was seen trading at 59,218 per kgs lower by Rs 565.
Strong dollar pressured on gold due to its inverse relationship with the greenback.
Historically, gold and dollar share an inverse relationship with each other and the sudden rise in dollar has weighed on gold.
Domestically, gold of 99.9 and 99.5% was at Rs 28,340 and Rs 28,200 per 10 grams, respectively.
US spot gold was seen at $1,698 an ounce.
GoodReturns.in
More From GoodReturns

Gold Price In India Jumps Rs 53500/100 Gm in Week, Silver Stalls; Rupee Recovery Hints At Buying Opportunity?

Hyderabad Gold Rates Today Crash By Rs 40,000 After 6 Days, Silver Rate Falls By Rs 10,000: 24K, 22K, 18k Gold

MCX, Retail Gold Rates in India Cross Rs 1.50 Lakh/10g; Will Gold Price Today Sustain Rally on 2 April?

Fresh Drop in Gold Rate Today; Silver Stable: Latest 22K, 24K, 18K Gold & Silver Prices in Delhi on 30 March

Gold Price Today, April 3: 22K, 24K Rates Jump Across Tanishq, Malabar, Kalyan & Joyalukkas & IBJA

Again Rise in Gold Rate in India After Falling Rs 21,200/24K; Will Gold Price Today Jump or Drop on 28 March?

Delhi Gold Rate Today Nears Rs 1.50 Lakh; Silver Prices Rally: Latest 22K, 24K, 18K Rates on Mahavir Jayanti

Gold Rates & Silver Rates Today Live: MCX Gold & Silver Price Falls By 1% As Spot Gold Price Hits Below $4,500

No April Fool! Gold Rates In India Starts Month With A Bang, Rises By Rs 20,000 Today, Silver Rates Jump Too

Gold Price Weekly Prediction 30 Mar-4 Apr: Gold Rate in India Rebounds After Big Crash; Will Rally Continue?

Gold Prices Today: Bangalore, Chennai, Hyderabad See Fresh Moves in 24K, 22K, 18K Rates & Silver on March 31



Click it and Unblock the Notifications