#gold #silver #investor #market #commodity
On the Multi Commodity Exchange, gold futures opened at Rs. 57810/per 10 grams, an increase of 0.20%. Silver futures, on the other hand, opened at Rs.70,326/per kilogram, an increase of 0.17% from the previous day’s opening price. This comes a day after the Federal Reserve increased the rate by 0.25 basis points. While US Fed Governor Powell warned of potential monetary policy tightening, he acknowledged the early stages of disinflation progress. BTTV’s Sakshi Batra speaks with Navneet Damani, Sr. VP, Commodities Research, MOFSL, to decode gold’s gleaming rally.
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