Stories
Gold and Silver Prices Today: Check Latest Rates for 24K and 22K Across Major Cities
- •International spot gold traded down 0.53 percent hovering just above $4,142 per ounce in the early session.
- •MCX gold futures for December 4 delivery edged 0.31 percent down to Rs 1,49,661 per 10 grams.
- •Silver declined 0.59 percent to Rs 2,25,901 per kilogram from its previous close.
- •Market focus shifts to the RBI monetary policy decision and key US economic data including the Core PCE Price Index and unemployment data.
- •Experts advise investors to watch US yields, the dollar, and the Federal Reserve policy outlook closely.
Key Questions Answered
International spot gold traded with a 0.53 percent decline, hovering just above $4,142 per ounce in the early session on October 7, while US gold futures traded down 0.33 percent near $4,173 per ounce. Meanwhile, MCX gold futures for the December 4 delivery edged 0.31 percent down to Rs 1,49,661 per 10 grams, and silver declined 0.59 percent to Rs 2,25,901 per kilogram.
Domestic spot gold closed the Tuesday session at Rs 1,47,756 per 10 grams, and domestic spot silver closed at Rs 2,22,505 per kilogram.
Market focus has shifted to the RBI monetary policy decision, key US economic data including the Core PCE Price Index, unemployment data, and Nonfarm Payrolls, which could influence expectations around the Federal Reserve's monetary policy path.
