Wednesday, 18 March 2015

Gold and Silver Market News for Today

On Tuesday, spot gold prices declined by 0.46 percent to close at $1148.8/oz as investor jitters ahead of a Federal Reserve policy meeting that may offer further clues to support expectations of a mid-2015 rise in U.S. interest rates.

On the MCX, gold prices declined by 0.64 percent to close at Rs.25617/10 gms.

Spot silver prices declined by 0.6 percent on Tuesday to close at $15.5/oz. The fall is in tandem with declining gold prices. Weakness in Nickel prices stronger dollar exerted downside pressure on prices.

On the MCX, silver prices declined by 0.58 percent to close at Rs.35356/kg.
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