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.
India Business News: Gold and silver prices opened with little movement on the Multi Commodity Exchange (MCX) on Tuesday following a weakening of the US dollar after softer-than-expected US jobs data.
Padala Subbi Reddy, the outgoing chief executive of India s largest commodities derivatives exchange, recalls a rather turbulent phase for the bourse as it scrambled to transition its technology vendor amid the pandemic lockdowns
Indian stock exchanges NSE and BSE will be closed on Wednesday for Maharashtra Day. MCX will have no morning trading but will resume trading in the evening, while NCDEX will remain shut all day. As per the BSE holiday calendar, trading holidays have been announced on 14 days in 2024.