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Precious metals trade under pressure, Gold above Rs 60,000, Silver near Rs 72,000

From zeebiz.com

Precious metals traded under pressure in the domestic market on Thursday, June 1, 2023. MCX gold futures (Aug 4) traded in red down 0.3 per cent or Rs 178 at Rs 60,020 per 10 grams at the last count, having traded between Rs 60,000 and Rs 60,115 earlier in the day. Silver futures (July 5) were down 0.33 per cent or Rs 236 at Rs 71,866 per kg. In the international market, COMEX gold traded at $1,982.2 per ounce. "The COMEX gold is steady in Asian trade ahead of a series of macroeconomic indicators from U.S later in the day. The market participant's focus also remained on an ongoing vote in Congress to raise the U.S. ... (full story)

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  • Category: Fundamental Analysis