2 min read.Updated: 01 Jun 2022, 02:33 PM ISTLivemint
Analysts expect both gold and silver rates today to remain volatile to negative
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Gold and silver rates today fell sharply in Indian markets as a stronger US dollar put pressure on the yellow metals. On MCX, gold futures were down 0.6% to near two-week low of ₹50,545 per 10 gram while silver dropped 1% to ₹60575 per kg. In global markets, gold fell to its lowest in two weeks as a stronger dollar makes bullion more expensive for buyers holding other currencies. Spot gold dipped to $1,835.28 per ounce.