Gold prices have declined by over ₹12,000 per 10 gram from its highs of Rs 56,200 in August 2020
The enabling framework will help generate interest in trading and hedging activities, and serve as a precursor to International Bullion Exchange(IBE),
On MCX, gold futures fell 0.4% to a 10-month low of Rs 44,768 per 10 gram, while silver slid 0.8% to Rs 67,473 per kg
Experts believe increase in the pace of the vaccinations and the additional fiscal stimulus expected in the US may continue to weigh on gold prices
Gold resumed its selling spree today amid firm US dollar and lack of buying. COMEX Gold futures recovered yesterday amid good bargain buying as trader
Gold and silver prices are expected to slip further on the back of rise in US dollar, feel experts
Gold prices may correct further as rising bond yields and positive outlook on economic growth seems to have faded the demand for gold, say experts
The precious metal has been under pressure since the start of this year amid hopes of faster global economic recovery and rising US bond yields
One must wait for some more correction to buy gold as the the rising bond yields may continue to cap upside: Expert
The demand for the yellow metal therefore may remain elevated as it considered a hedge against inflation and currency debasement, expert said.