Gold price remains flat at Rs 59 505 10 gram
(This story has not been edited by THE WEEK and is auto-generated from a PTI
Stay updated with breaking news from Commodity Research. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
(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