Page 15 - Commodity Research News Today

In the international market, gold was trading lower at USD 1,951 per ounce, while silver was flat at USD 24.83 per ounce.

(This story has not been edited by THE WEEK and is auto-generated from a PTI

India Business News: NEW DELHI: Gold prices declined Rs 50 to Rs 59,950 per 10 gram in the national capital on Monday amid a fall in yellow metal prices internationally, a.

Meanwhile, US inflation print released during the week prompted further pain for the greenback. In the recent Beige book survey, the Federal Reserve said the US economy has shown an overall increase in activity since late May, though most regions expect the pace of expansion to weaken.

Gold rate India: As per MCX data, gold prices have moved from ₹54,656 per 10 gram on December 31, 2022, to ₹59,106 per 10 gram on July 13, 2023, rising about 8 per cent. Equity benchmark the Sensex, too, is up 8 per cent for the same period.

(This story has not been edited by THE WEEK and is auto-generated from a PTI

The yellow metal started the week on a positive note, after the ISM Manufacturing PMI in the United States fell to 46 in June 2023, from 46.9 in May and below forecasts of 47.

Analysts say strong US labour market supports dollar and bond yield

This is the script of CNBC's news report for China's CCTV on June 05, 2023.

Gold futures on the MCX have gained 0.52% or Rs 304 per 10 grams on a month-to-date basis, Anuj Gupta, Vice President (VP), Commodity and Currency Research at IIFL Securities told ET Markets. They are up by 6.31% or Rs 3,468 on a year-to-date basis, he said. Meanwhile, silver futures have gained nearly by Rs 500 or 0.71% in value terms in July while they have added 1.66% or Rs 1,150 on a YTD basis, Gupta added