Gold and silver prices declined in the Indian markets today after a sharp fall in the previous session. Gold futures remain flat on MCX ₹46,088 per 10 grams while silver rose 0.26% ₹61,233 per kg.
In the previous session, gold was up 1.7% or . had fallen ₹807 per 10 grams while silver fell ₹2150 or 3.5% per kg.
In global markets, spot gold was trading at $1,754.86 an ounce after a sharp fall in the previous session. A stronger dollar hurt gold’s attractiveness for holders of other currencies. Before the Federal Reserve meeting next week, investors were cautious about how soon the central bank would start providing stimulus.
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