Gold and silver prices rose in the futures trade on Wednesday, tracking firm global cues, as weak US economic data strengthened expectations of an interest rate cut by the Federal Reserve next month.On the Multi Commodity Exchange (MCX), gold futures for December delivery jumped by Rs 475, or 0.38 per cent, to Rs 1,25,700 per 10 grams in a business …
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Gold market outlook: Prices fall for 2nd week as dollar gains and Fed caution hit demand; silver edges up after sharp swings – The Times of India
Gold prices continued to slide for the second straight week, pressured by a stronger dollar, easing geopolitical tensions, and the US Federal Reserve’s cautious signals on rate cuts that dented demand for safe-haven assets.On the Multi Commodity Exchange (MCX), gold futures for December delivery fell Rs 2,219, or 1.8 per cent, over the week. The yellow metal hit an intra-day …
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