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Gold Rate Today: Gold prices in India remain flat. Check price of yellow metal in Delhi, Ahmedabad & other Indian cities
Gold Rate Today: Gold prices in India remain flat. Check price of yellow metal in Delhi, Ahmedabad & other Indian cities
Gold futures remained steady on MCX amid cautious investors awaiting the outcome of the US Federal Reserve's Federal Open Market Committee meeting due next week. The August futures for gold were trading at INR59,511 per 10 grams, up by INR8 ($0.11). Meanwhile, July silver futures surged by INR251, or 0.35%, per kg to INR71,976. Traders are opting to hold their bets on gold ahead of the Fed’s probable decision on rates, which could affect precious metals, said Saumil Gandhi, senior analyst (commodities) at HDFC Securities.
Gold futures remained steady on MCX amid cautious investors awaiting the outcome of the US Federal Reserve's Federal Open Market Committee meeting due next week. The August futures for gold were trading at INR59,511 per 10 grams, up by INR8 ($0.11). Meanwhile, July silver futures surged by INR251, or 0.35%, per kg to INR71,976. Traders are opting to hold their bets on gold ahead of the Fed’s probable decision on rates, which could affect precious metals, said Saumil Gandhi, senior analyst (commodities) at HDFC Securities.