Weaker-than-expected US data also boosted silver prices as rate cut probability rose
The price of 22-carat gold fell Rs 10, with the yellow metal selling at Rs 66,190
Silver has come under renewed downside pressure as the US Federal Reserve delivered a hawkish pause in its monetary policy meeting that concluded on June 12
The price of 22-carat gold fell Rs 10, with the yellow metal selling at Rs 66,140
Silver strategy: Silver is expected to range trade ahead of the US CPI data (May) to be released today. A decisive breach of support at $28.84 may lead to additional sharp decline in the near-term
The price of 22-carat gold dipped by Rs 10, with the yellow metal selling at Rs 65,690
The price of 22-carat gold fell Rs 10, with the yellow metal selling at Rs 65,690
The price of 22-carat gold rose Rs 10, with the yellow metal selling at Rs 67,310
The price of 22-carat gold also went up Rs 10, with the yellow metal selling at Rs 66,810
The price of 22-carat gold fell Rs 10, with the yellow metal selling at Rs 66,090
The price of 22-carat gold fell Rs 10, with the yellow metal selling at Rs 66,490
The price of 22-carat gold fell Rs 10, with the yellow metal selling at Rs 66,690
COMEX silver inventory fell from 299.04 Moz to 298.46 MOz and remains at the highest level since January 2023
Slightly softer than expected inflation data from University of Michigan, which was released Friday, continued to aid in commodities recovery
The price of 22-carat gold also went up Rs 10, with the yellow metal selling at Rs 66,660
Silver at $30.12 was down over 2 per cent at the time of MCX closing as the corresponding MCX July contract at Rs 90305 was down 2.91 per cent on the day
The price of 22-carat gold dipped Rs 10, with the yellow metal selling at Rs 67,290
The price of 22-carat gold also went down by Rs 10, with the yellow metal selling at Rs 68,290
The price of 22-carat gold also dipped Rs 10, with the yellow metal selling at Rs 68,290
Silver price on MCX: Support is seen at $31 (Rs 93,500) /$29.50 (Rs 89,000)