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Gold Rate Today: Gold prices fall to ₹49,122/10 gram; silver slips to ₹66,000/kg

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Image Source : ANI
Gold Rate Today: Gold prices fall to â¹49,122/10 gram; silver slips to â¹66,000/kg
Gold Rate Today: Gold prices fall again; silver slips to â¹66,000/kg,Â Gold and silver prices slide again for the second day on Friday amid the COVID vaccination drive across the country. Gold futures on the Multi-Commodity Exchange (MCX) contracts were trading lower by 0.24 percent at Rs 49,104 for 10 grams at 09:20 hours. Silver futures fell by 0.75 per cent lower or Rs 503 at Rs 66,145 per kg.
Meanwhile, experts suggest that investors should buy gold on dips towards Rs 49,000 for an initial upside target of Rs 49,500.
COMEX gold trades little changed near $1,851/oz after a 0.2 per cent decline yesterday. Gold is choppy as support from rising virus cases, disappointing US economic data and hopes of higher US stimulus is countered by higher US bond yields, vaccine progress and continuing ETF outflows ....

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Gold Price Today: Yellow Metal Trades Weak, Silver Too Falls Over 1%

Experts are of the view that precious metals are likely to remain volatile but investors can deploy buy on dips strategy amid a decline in the US bond yields. ....

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Gold Price Today: Yellow Metal Trades Flat, Sell On Rally Towards Rs 49,550

Gold price today: Yellow metal trades flat, Sell on rally towards Rs 49,550
Experts are of the view that investors can use rallies towards 49,550 could be used to go short as further strength in the dollar index could push both the precious metals lower.
January 12, 2021 / 10:18 AM IST
Granules of 99.99 percent pure gold are seen at the Krastsvetmet non-ferrous metals plant, one of the world s largest producers in the precious metals industry, in the Siberian city of Krasnoyarsk, Russia November 22, 2018. Picture taken November 22, 2018. REUTERS/Ilya Naymushin - RC121901F300
India Gold MCX February futures trade flat with a negative bias on Tuesday. Silver March futures also trade flat with a negative bias below Rs 65,500. ....

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