Thursday, 19 March 2015

Gold and Silver Market News for Today

Gold
Spot gold prices rose by 1.58 percent on Wednesday to close at $1166.8/oz, its biggest rally since January after the Federal Reserve signaled a more cautious outlook for U.S. economic growth, and the dollar tumbled.

On the MCX, gold prices rose by 0.08 percent and closed at Rs.25637/10 gms.

Silver
Spot silver prices rose by 2.5 percent on Wednesday to close at $15.9/oz. The rise is in tandem with gains in gold prices after the Federal Reserve signaled a more cautious outlook for US economic growth.

On the MCX, silver prices declined by 0.12 percent to close at Rs.35312/kg.

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