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Meanwhile, silver opened at Rs 71,885 per kg and hit an intraday low of Rs 71,590 on the MCX. The price hovered around $22.78 per troy ounce in the international market.
Analysts say Signs of sticky US inflation and continued labour market strength capped gains for precious metals
The Chinese central bank’s decision to keep rates unchanged is being seen as a reflection of the cautious approach central banks around the world are taking
Investors are looking out for further clarity on the US Federal Reserve's future interest rate path after series of positive data points from the US
Bets for a pause in the March meeting of the US Fed are increasing significantly, say analysts