-
Both gold and silver prices recorded a hike on the Multi Commodity Exchange (MCX) on Monday, May 6, 2024. Gold futures, maturing on June 5, 2024, stood at Rs 70,944 per 10 grams on the MCX, after recording a jump of Rs 247 or 0.35 per cent. The previous close was recorded at Rs 70,668. Meanwhile, silver futures, maturing on July 5, 2024, witnessed a hike of ...
-
Gold prices ticked higher on Monday, as expectations that the Federal Reserve will start cutting interest rates later in the year and tensions in the Middle East lifted bullion’s appeal. Spot gold rose 0.3% to $2,309.24 per ounce by 0427 GMT. US gold futures gained 0.5% to $2,318.80 per ounce. “Investors will look at the political situation in the Middle ...