Gold prices down, 7th day in a row

Gold prices down, 7th day in a row

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Deal Subedar
968
2153
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Gold futures contracts are down by 0.20% to ₹37,647/10gms on MCX.
Gold is now down about ₹2,350/10gms from highs of ₹40,000/10gms.
Silver prices are weak too at ₹44,262/kg.

Prices have fallen on optimism that US and China will reach a trade deal soon
An appreciation in rupee has also put pressure on domestic gold prices

2 Comments  |  
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Deal Subedar
270
2947
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there are several factors that influence gold prices. if you panic due to such variations, then bullion is not your cup of tea.

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Deal Newbie
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what goes up down has to come down

gold was bound to come down after the steep rise in prices

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