Gold value as we speak: Gold fee rose on the MCX on Tuesday (19 Might) morning as a decline in crude oil costs after US President Donald Trump paused strikes in Iran, dragged the US greenback decrease. Nevertheless, persisting uncertainty over the Center East battle capped good points for the yellow steel.
MCX gold June futures have been 0.17% up at ₹1,59,674 per 10 grams, whereas MCX silver July futures have been 0.30% down at ₹2,75,824 per kg round 9:10 am.
Crude oil benchmark Brent Crude fell 2% to commerce beneath the $110 per barrel, which impacted the demand for the US greenback. The greenback index dropped by greater than 0.20%, making greenback-denominated bullion cheaper for consumers in different currencies.
(This can be a growing story. Please examine again for recent updates.)
