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Gold, silver prices today: Precious metals witness dip on MCX| Check latest rates here

Gold, silver prices today: Precious metals witness dip on MCX| Check latest rates here

India Today
Tuesday, April 19, 2022 04:37:16 AM UTC

Gold, Silver Prices Today: Both gold and silver are retailing on the lower side on the Commodity Exchange (MCX) on April 19. Check the latest city-wise prices here.

Today, both gold and silver prices are trading on the lower side of the Multi Commodity Exchange. The precious metals witnessed a dip on April 19, Tuesday, after recording a hike on Monday.

With a downfall of 0.03 per cent or Rs 16, gold futures maturing on June 3, 2022, are trading at Rs 53,248 per 10 grams on the MCX.

Similarly, silver futures maturing on May 5, 2022, are retailing at Rs 69,998 per kg, recording a dip of Rs 101 or 0.14 per cent on the domestic market.

Both gold and silver were trading on the higher side yesterday. While gold stood at Rs Rs 53,470 per 10 grams on the MCX, silver rates were at Rs 69,499 per kg.

As per the metals report by Reuters, gold eased on Tuesday after having touched resistance at the $2,000 per-ounce level in the previous session, as the dollar rose to a two-year high and dented bullion's appeal.

Meanwhile, spot gold was down 0.1 per cent at $1,976.46 per ounce, as of 0229 GMT. U.S. gold futures slipped 0.3 per cent to $1,981.00.

According to the metal report, gold rates climbed to $1,998.10 on Monday, buoyed by safe-haven demand, as the Ukraine crisis dragged on and inflation concerns mounted. However, the metal later gave up most gains as the dollar and U.S. 10-year Treasury yields firmed.

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