On Thursday, Spot silver prices rose by 0.35 percent to close at $17.3 per ounce while MCX silver prices rose by 2.23 percent to close at Rs.44079 per kg.
We expect gold and silver prices to trade higher as falling U.S. bond yield might push the Dollar lower and in turn support Gold. However, President Trump’s actions have benefited the sentiment of investors while safe haven assets will be dumped in the near term.
On the MCX, gold prices are expected to trade lower today, international markets are trading flat at 1531.15 per ounce.
On the MCX, gold prices are expected to trade lower today, international markets are trading flat at 1531.15 per ounce.
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