Gold Prices Today: Yellow Metal Trading Low, Experts Say Buy At Rs 48,000

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Gold Rates Today: The yellow metallic was buying and selling decrease by 0.05 per cent at Rs 48,204 for 10 grams

June gold contracts have been buying and selling decrease by 0.05 per cent at Rs 48,204 for 10 grams throughout the opening hours of Thursday on the multi commodity change (MCX). May silver futures have been buying and selling 0.03 per cent decrease at Rs 70,316 a kg. Gold and silver had confirmed sturdy progress on Wednesday in worldwide markets. Gold hit a two-months excessive and silver additionally hit one-month excessive on the Comex division. Meanwhile India Gold MCX June futures have been buying and selling flat on Thursday, monitoring a dim pattern seen within the worldwide spot costs.

Gold costs might attain the $1800 per troy ounce whereas Silver May futures contract settled at $26.57 per troy ounce. Both the valuable metals settled on a optimistic be aware within the home markets.

Yellow metallic and silver gained amid weak point within the greenback index and decline on benchmark 10-year bond yields within the United States.

 Domestic spot gold opened at Rs 49,262 per 10 grams on Thursday, and silver at Rs 65,988 per kilogram – each charges excluding GST, in keeping with Mumbai-based trade physique India Bullion and Jewellers Association (IBJA).





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