Gold slumps Rs 350 silver remains flat
(This story has not been edited by THE WEEK and is auto-generated from a PTI
Source: theweek.in
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(This story has not been edited by THE WEEK and is auto-generated from a PTI
(This story has not been edited by THE WEEK and is auto-generated from a PTI
Gold prices have posted significant gains in the past few months, hence some steam off was also warranted.
Silver was priced at Rs 83,795 per kg with an intraday low of Rs 83,054 on the MCX. The price globally hovered around $28.20 per ounce.
Prices pulled off record highs this week as strong U.S. inflation and retail sales data saw investors scale back bets that the Fed will cut interest rates in June.