MCX gold and silver prices volatile amid Middle East confusion, an uptick in the US dollar; key levels to watch
New Delhi, Aug. 10 -- Gold and silver prices were volatile in early deals on Monday, 10 August, as investors assessed mixed signals from the Middle East, while an uptick in the US dollar amid a rise in crude oil prices also weighed on precious metals.
MCX gold October futures were flat at Rs.1,51,870 per 10 grams, while MCX silver September futures were 0.90% up at Rs.2,33,532 per kg around 9:10 AM.
The dollar index inched up by 0.20%, making greenback-denominated bullion slightly expensive for buyers in other currencies.
(This is a developing story. Please check back for fresh updates.)
Published by HT Digital Content Services with permission from MINT....
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