Gold price today: Yellow metal trades near Rs 46,750; silver cheaper by Rs 250

gold price today yellow metal trades near rs 46750 silver cheaper by rs 250

Sumary of Gold price today: Yellow metal trades near Rs 46,750; silver cheaper by Rs 250:

  • Gold futures were trading with cuts on Friday but the damage was capped as a weakness in the dollar and Treasury yields offered support along with a surprise jump in US jobless claims..
  • US Treasury yields fell on Thursday, pressured by fresh dovish comments from Federal Reserve Chair Jerome Powell..
  • In the spot market, gold rose by Rs 182 to Rs 45,975 per 10 gram in the national capital on Thursday following gains in the international precious metal prices..
  • Trading strategy “We expect gold prices to trade sideways to up for the day with COMEX gold support at $1,740 and resistance at $1,765 per ounce….

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