Gold prices experienced a decline of Rs 2,754/10 grams on MCX over the past week, influenced by US-China trade negotiation optimism and a strengthening dollar. Despite initial gains, gold and silver futures settled mixed amid profit-taking and dollar index rebound. Experts anticipate continued volatility, suggesting potential support and resistance levels for both gold and silver on MCX.
WACR tops repo rate for first time in nearly 2 months
Liquidity in the banking sector has contracted to below ₹5 lakh crore, causing the weighted average call rate to rise to 5.31%. The Reserve Bank