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)
Weak job data bolstered the speculation that the weakening economy would force the US Federal Reserve to cut rates
India's imports could rise to 6,000 tons in 2024, from last year's 3,625 tons, driven by robust demand from the fabrication and solar industries
In Mumbai, the price of ten grams of 22-carat gold is at par with that in Kolkata and Hyderabad, at Rs 61,140
The price of one kilogram of silver in Delhi, Mumbai, and Kolkata stood at Rs 76,200
The price of 22-carat gold also fell Rs 10 with the yellow metal selling at Rs 57,190
The price of 22-carat gold also fell Rs 10 with the yellow metal selling at Rs 56,890
The price of 22-carat gold also fell Rs 10 with the yellow metal selling at Rs 56,990
The price of 22-carat gold also fell Rs 10 with the yellow metal selling at Rs 57,590
The price of 22-carat gold declined by Rs 10 with the yellow metal selling at Rs 57,990
The price of 22-carat climbed Rs 10, with the yellow metal selling at Rs 58,010
The price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata and Hyderabad, at Rs 63,440
The price of 22-carat climbed Rs 100, with the yellow metal selling at Rs 57,800
Silver futures on Tuesday fell Rs 538 to Rs 70,587 per kilogramme as participants reduced their bets. On the Multi Commodity Exchange, silver contracts for July delivery declined Rs 538 or 0.76 per cent to Rs 70,587 per kg in a business turnover of 14,104 lots. Globally, silver was trading 1.01 per cent lower at USD 23.13 per ounce in New York.
Investors who can tolerate its higher volatility may include it within their precious metal allocation
A small price correction is seen where demand is expected to return