Gold price today struggles, down ₹10,000 from record high, silver dips1 min read . Updated: 04 Oct 2021, 10:27 AM IST
- Gold may be supported by increasing risk aversion in global market but any major upside is unlikely as US dollar is still on firmer footing and Fed’s monetary tightening expectations persist, say analysts.
Gold and silver rates were subdued in Indian markets today. On MCX, gold futures were up slightly at ₹46,543 per 10 gram while silver futures were flat at ₹60,530 per kg. In the previous session, gold had settled slightly lower while silver had jumped 1.5%. In global markets, gold was down slightly at $1,759 an ounce as the dollar steadied after two sessions of losses.
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