Economy
Precious Metals Recover Ahead of Navratri Amid US Data and Yields
Livemint1h
THE BRIEF
1
Gold and silver prices recovered towards the end of the week as the U.S. dollar and Treasury yields eased, supported by firm spot demand.
2
On the Multi Commodity Exchange, December gold futures rose ₹1,893 to close at ₹1,51,503 per 10 grams, while silver traded at ₹2,25,820 per kg.
3
Domestic bullion prices also found support from the rupee's weakness near record lows, while traders continue to monitor U.S. inflation data and Federal Reserve expectations.