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Xinhua world economic news summary at 0930 GMT, March 17

Xinhua world economic news summary at 0930 GMT, March 17
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Gold price today at Rs 48,160 per 10 gm, silver trending at Rs 67,600 a kg

Gold price on Wednesday fell to Rs 48,160 from Rs 48,170, while silver price was trending at Rs 67,600 per kg, according to the Good Returns website. Gold jewellery price varies across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making changes. In New Delhi, the price of 22-carat gold is at Rs 44,150 per 10 gm, while in Chennai it fell to Rs 42,270. In Mumbai, the rate was Rs 43,840 according to the Good Returns website. The price of 24-carat gold in Chennai was Rs 46,110 per 10 gm. Gold edged lower on Tuesday, pressured by an uptick in the dollar, as investors awaited policy cues from a two-day US Federal Reserve meeting.

Gold, Silver Prices: Rs 44600 to Rs 45200 are crucial numbers to watch - CapitalVia Investment

LBMA Gold Spot trading above $ 1730levels, The U.S. Federal Open Market Committee’s two-day meeting ends on Wednesday. The central bank is expected to reiterate its pledge to keep interest rates pinned near zero until the economy reaches full employment. Downside support is $ 1675- $ 1700 levels, Resistance is at $ 1741 - $ 1760 levels. MCX Gold April trading with sideways momentum in the entire session, Gold could be building a support base despite the possibility of higher Treasury yields, Downside support for the metal is 44600. Resistance for the metal is Rs 45200. See Zee Business Live TV Streaming Below: Silver MCX Silver March has shown a negative movement and trade near 67000 levels, we await the FOMC announcement on Wednesday. Quite frankly, silver is going to move based upon the movement of the US dollar , but if we break above Rs 67800 levels then it is very likely that we will go towards the Rs 69000 level, Downside support is Rs 66500 levels, Resistance is at Rs 682

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