Gold Prices Climb in India Amid Mixed Trends in Precious Metals(May 29)

by anna 30/05/2024

written by anna 30/05/2024

Gold prices in India experienced an uptick on Wednesday, as per the latest figures from the Multi Commodity Exchange (MCX).

The price of gold reached 72,343 Indian Rupees (INR) per 10 grams, marking an increase of INR 410 from the previous day’s price of INR 71,933.

Advertisements

Conversely, gold futures contracts witnessed a slight decline, with prices falling to INR 72,350 per 10 grams from INR 72,407 per 10 grams.

Advertisements

Meanwhile, silver futures contracts displayed an upward trend, rising to INR 95,950 per kilogram from INR 95,448 per kilogram.

Advertisements

These fluctuations reflect ongoing volatility in the precious metals market as investors navigate the broader economic landscape.

Advertisements

anna

Anna, an in-house journalist in Lriko.com, holds a profound understanding of the precious metals markets. In her role, she is chiefly responsible for updating the community with insights and analysis on the gold and silver markets. with experience dating back to 2014, Anna is a Futures trader who engages in Energy Futures, Gold, Indices, Stocks, and other instruments. Leveraging detailed knowledge of Elliott Wave and Price Action, she skillfully reads charts down to the most granular level, identifying well-timed, high-probability Intraday and Swing trades.

popular recommendation

Useful Links

TAGS

Gold Prices Climb in India Amid Mixed Trends in Precious Metals(May 29)

Gold Prices Decline Amid Federal Reserve’s Hawkish Stance and Rising US Dollar(May 29)

UBS Reiterates Positive Outlook on Oil, Gold, and Copper Amid Escalating Geopolitical Tensions(May 29)

You may also like

popular recommendation

Useful Links

TAGS