Global News Post Fastest Global News Portal
Related Articles
New Delhi: Gold and silver costs fell sharply on Monday as international traders moved clear of safe-haven property. Positive alerts from US-China industry talks and a more potent U.S. greenback dampened call for for valuable metals. On the Multi Commodity Exchange (MCX), gold futures for June dropped 2.25 according to cent (Rs 2,169) to Rs 95,500 according to 10 grams, whilst silver futures for May slipped 0.6 according to cent (Rs 585) to Rs 96,221 according to kg.
Gold and silver costs dropped on Monday as traders to riskier property amid bettering international sentiment. The optimism round US-China industry talks and a powerful U.S greenback pulled down call for for valuable metals. This led to a pointy fall of their costs at the Multi Commodity Exchange (MCX).
Gold costs slipped as renewed optimism round international industry driven traders clear of safe-haven property. In early Asian industry, spot gold fell 1.4 according to cent to 3,277.68 bucks an oz, whilst U.S. gold futures dropped 1.9 according to cent to 3,281.40 bucks. The decline comes after experiences that U.S. and Chinese negotiators reached a “key consensus” all through weekend talks in Switzerland, with a joint observation anticipated from Chinese Vice Premier He Lifeng in a while Monday.
Gold Prices in Major Indian Cities Today (May 12, 2025)
– Mumbai: Rs 9,867/gm (24Ok), Rs 9,044/gm (22Ok)
– Delhi: Rs 9,882/gm (24Ok), Rs 9,059/gm (22Ok)
– Chennai: Rs 9,867/gm (24Ok), Rs 9,044/gm (22Ok)
– Kolkata: Rs 9,867/gm (24Ok), Rs 9,044/gm (22Ok)
– Bengaluru: Rs 9,867/gm (24Ok), Rs 9,044/gm (22Ok)
– Ahmedabad: Rs 9,867/gm (24Ok), Rs 9,044/gm (22Ok)
Though gold and silver costs dipped lately, analysts be expecting endured volatility forward. Key components like geopolitical tensions, U.S. inflation information, and central financial institution selections will most likely power value actions.
