Gold Prices Steady This Week, Silver Soars 4.69% On Retail Frenzy
Gold prices steady this week, silver soars 4.69% on retail frenzy Gold holdings in SPDR Gold Trust, the world’s largest gold-backed exchange-traded fund, fell by 4.66 tonnes to 1,160.13 tonnes. Image: PTI Gold prices edged higher to Rs 49,330 per 10 gram on January 29 as participants widened their positions as seen by the open interest. The precious metal ended with a marginal loss of Rs 34 or 0.07 percent for the week. The yellow metal rose in two out of four trading sessions on the MCX in a holiday-shortened week, while COMEX gold eased $5.9 or 0.32 percent during the week. US President J...
Source: moneycontrol.com