Gold prices today fall, a day after jumping nearly ₹1,000


Gold and silver prices today fell in Indian markets, a day after witnessing big gains. On MCX, gold rates fell 0.3% to 50230 per 10 gram while silver edged 0.06% to 63825 per kg. Gold rates had jumped about 900 on Thursday amid Ukraine tensions. 

In global markets, gold rates slipped today after US-Russia agreed for talks over the Ukraine standoff, easing some geopolitical concerns that had fueled demand for the haven asset. Spot gold fell 0.4% to $1,890.91.

Ukraine tensions had roiled global financial markets in recent days as US ramped up warned of a possible Russian attack though Kremlin said no invasion was planned. 


Subscribe to Mint Newsletters

* Enter a valid email

* Thank you for subscribing to our newsletter.

Never miss a story! Stay connected and informed with Mint.
our App Now!!

Source link

0 0 votes
Article Rating
Notify of
Inline Feedbacks
View all comments