Gold prices today struggle near one-week lows, silver rates rise
Gold has seen some buying at lower levels amid concerns over geopolitical uncertainty but prospects of aggressive monetary tightening policy by the US Fed continued to pressurize bullion rates on higher side
Gold prices today edged higher today in Indian market, hovering near one-week lows. On MCX, gold futures were slightly higher at ₹50,917 per 10 gram while silver rose 0.24% to ₹61,085 per kg. In the previous session, gold had declined 0.3% while silver had slumped 1.1%.