Gold prices in Monday’s session traded weak after decent gains over the past week. At around 11:00 am, gold August MCX futures traded lower by 0.54 per cent or Rs 521 at Rs 96,515 per 10 gm, while silver July futures traded weak by Rs 42 or 0.04 per cent at Rs 1,05,417 per kg.
The yellow metal prices saw a correction as a stronger-than-expected US jobs data dampened hopes of interest rate cut by the US Federal Reserve. Simultaneously, upcoming trade talks between the US and China are also weighing on the bullion’s prices, denting the bullion’s safe-haven demand.
International price movement
Gold prices internationally traded with losses of 0.3 per cent at $3,336.55, while in the spot market it traded with a positive bias of 0.14 per cent or 4.55 at $3,314.72 per ounce.
Anurag Dhole is a seasoned journalist and content writer with a passion for delivering timely, accurate, and engaging stories. With over 8 years of experience in digital media, she covers a wide range of topics—from breaking news and politics to business insights and cultural trends. Jane's writing style blends clarity with depth, aiming to inform and inspire readers in a fast-paced media landscape. When she’s not chasing stories, she’s likely reading investigative features or exploring local cafés for her next writing spot.
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
