Gold prices have significantly declined from their April peak due to easing geopolitical tensions and a US-China trade deal. MCX Gold June futures hit a low of Rs 92,975/10 grams, while silver contracts saw a slight increase. Analysts suggest monitoring volatility and recommend buying silver on dips, advising caution with gold trading in the current market conditions.
RBI policy on expected lines, focused on stability and proactivity: R. Gandhi
The Reserve Bank of India’s recent monetary policy announcement offered clarity amidst global uncertainties, with former Deputy Governor R. Gandhi highlighting the MPC’s expected assessment