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Gold and silver prices at MCX showed high volatility ahead of U.S. GDP data. U.S. Fed member Kashkari s hawkish statements led to a surge in the dollar index and U.S. bond yields. ....
In the US, spot gold rose 1% to $2,324.94 per ounce by 2:00 p.m. ET (1800 GMT). U.S. gold futures for June delivery settled 0.9% higher at $2,331.2 per ounce. ....
Gold prices were slightly down in recent trading, and market participants are now looking forward to more inflation data expected to come out soon. ....
Gold June futures contracts on Thursday fell Rs 352 or 0.05% to open at Rs 70,700, while Silver May contracts opened at Rs 80,046, 0.56% or Rs 451 lower. ....
India Business News: Gold prices on the Multi Commodity Exchange (MCX) experienced an uptick, climbing by Rs 102 or 0.14% to reach Rs 72,785 per 10 grams. Similarly, silver prices saw an increase, with MCX May silver contracts rising by Rs 112 or 0.13% to Rs 83,385 per kilogram. These price movements occurred on Friday amidst growing concerns over geopolitical tensions. ....