Gold price today on 18th Dec: Due to US FED’s decision on interest rates, action in dollar index and bond yield, there is movement in the bullion market.
Gold price today on 18th Dec: There is a softening in the prices of gold and silver on Monday. There is sluggishness in the bullion market in foreign markets. Earlier last week, recovery was seen in gold and silver. Due to US FED’s decision on interest rates, action in dollar index and bond yield, there is movement in the bullion market.
Gold and silver in domestic market
There is a softening of gold and silver prices in the domestic market. The price of gold on MCX slipped by Rs 200, due to which 10 grams of gold has come below Rs 62000. The price of silver was also trading with a fall of Rs 64. Silver is trading at the level of Rs 74500 per kg on MCX.
Gold and silver in international market
There is a slowdown in the prices of gold and silver in the international market. Gold rate on COMEX is trading at $2035 per ons. Last week, a recovery of 2% was seen in gold prices. A slight increase is also being recorded in the prices of silver. Silver is trading at $ 24.22 per ons on COMEX.
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