Commodity Superfast: Gold, Silver Prices Fall Sharply As Dollar Holds Gains

At present, there is a sharp decline in the prices of gold and silver. On MCX, Gold fell by around Rs 450 and it is trading below Rs 59,800 per 10 grams. Whereas, Silver on MCX dropped by over Rs 1,500 and it is trading below Rs 71,200 per kg. In fact, the gold market is under pressure due to the strong dollar and discussions about interest rates in the US. Can the fall in gold and silver prices increase further? What trading strategy to keep in gold and silver today? Know the expert's opinion in this video.

Updated on: May 24, 2023, 09.19 AM IST
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