Gold and Silver price today (August 10, 2023): Precious metal trade flat as the RBI keeps the repo rate unchanged
Gold and Silver price today (August 10, 2023): MCX gold futures (Oct 5) were flat at Rs 59,020 per 10 grams. Heres what analysts suggest.
Gold and Silver price today (August 10, 2023): Precious metal futures on Thursday traded flat as the Reserve Bank of India (RBI) keeps the repo rate unchanged.
Last seen, MCX gold futures (Oct 5) were flat at Rs 59,020 per 10 grams at the last count, having traded between Rs 58,959 and Rs 59,130 earlier in the day. Silver futures (Sept 5) were flat at Rs 70,025 per kg.
"Overall Core inflation is expected to edge down while CME Fed funds tool an interest rate probability tracker, only shows a 13 % probability of further hike in interest rates which is closely followed indicator for further direction in precious metals complex," said Neha Qureshi, Senior Technical & Derivative Research Analyst, Anand Rathi Commodities & Currencies.
stock market updates here. For all other news related to business, politics, tech, sports, and auto, visit Zeebiz.com.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.