Gold Price Today: Yellow Metal Trades Low, Silver Too Down

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Gold Price Today: Yellow metallic, silver have been buying and selling low on Tuesday

On the Multi-Commodity Exchange (MCX), August gold contracts have been buying and selling decrease by 0.03 per cent at Rs 49,130 for 10 grams on Tuesday. July silver futures have been buying and selling 0.28 per cent decrease at Rs 71,619 a kilogram.

India Gold MCX August Futures contracts traded sluggish on Tuesday on account of muted development seen within the worldwide spot value which was hovering beneath the $1900 an oz.. Investors await US information later this week to gauge the inflationary strain, mentioned a Reuters report.

Gold and silver lengthen good points on Monday forward of the US inflation information. Both the dear metals settled on a optimistic word. Gold August futures contract settled at $1898.80 per troy ounce, and Silver July futures contract settled at $28.02 per troy ounce.

Both the metals additionally settled on a optimistic word within the home markets.



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