Home / Business / Business News / Article / Gold slips 0.34 pc over mild profit booking, eyes turn to US–Iran diplomacy

Gold slips 0.34 pc over mild profit booking, eyes turn to US–Iran diplomacy

Gold prices fell 0.34 per cent over the week due to profit booking, even as they recovered slightly toward the end on hopes of US–Iran diplomatic progress. Silver also saw mixed movement

Listen to this article :
Gold prices under pressure this week. Representational Pic

Gold prices under pressure this week. Representational Pic

At present, MCX gold futures stand at around Rs 1,52,683, while silver futures are near Rs 2,44,877 per kg.

Gold prices came under pressure this week, falling around 0.34 per cent as investors booked profits after recent gains. The decline reflected a short-term correction in precious metals rather than a major trend reversal.

How do you like the new new mid-day.com experience? Share your feedback and help us improve.

Read Next Story
Sensex jumps 398 points, Nifty crosses 24,000 amid global optimism

Trending Stories

Latest Photoscta-pos

Latest VideosView All

Latest Web StoriesView All

Mid-Day FastView All

Advertisement