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Gold, silver rate today LIVE updates: Metals set for weekly losses on tech selloff and stronger dollar
Gold, silver rate today LIVE updates: MCX gold opened today at ₹1,51,948 per 10 grams, down ₹1,098 or 0.71% compared with the previous close of ₹1,53,046. The weaker opening comes amid pressure in global bullion markets and a firm US dollar, which reduced safe-haven demand in early trade.
- 5:10 AM IST, Feb 6MCX silver now ₹1.75 lakh below last week’s record high
- 4:12 AM IST, Feb 6COMEX gold slips below $4,800/oz, silver plunges 8%
- 4:00 AM IST, Feb 6Strong dollar, easing US–China tensions weigh on precious metals
- 3:54 AM IST, Feb 6MCX gold opens lower by ₹1,098, slips below previous close
Gold, silver rate today LIVE updates: Gold and silver recovered from their early losses on Friday, but were still on track for a second consecutive weekly decline as a sell-off in global technology stocks and a stronger US dollar wiped out gains from a brief rebound earlier in the week. Spot gold was up 0.4% at $4,790.80 per ounce as of 0224 GMT, though it remained 1.4% lower for the week. According to Reuters, US gold futures for April delivery slipped 1.7% to $4,806.50 per ounce....Read More
In India, 24-carat gold was priced at ₹1,59,730 per 10 grams, while 22-carat gold stood at ₹1,46,440 per 10 grams.
Silver prices in India had fallen sharply on Thursday, dropping 9% to ₹2,44,654 on the MCX. Gold, however, moved higher the same day, with 24-carat gold rising by ₹5,510 to ₹1,59,730 per 10 grams and 22-carat gold gaining ₹5,050 to ₹1,46,440 per 10 grams. Silver also saw strength in the physical market, where it was quoted at ₹3,37,100 per kg.
Silver Price today live: MCX silver now ₹1.75 lakh below last week’s record high
Silver Price today live: MCX silver has corrected sharply and is trading nearly ₹1,75,000 below its record high of ₹4,20,048 per kg touched last week. The rapid fall over just a few sessions highlights the scale of the ongoing correction.
Gold, Silver Rates Today LIVE: COMEX gold slips below $4,800/oz, silver plunges 8%
Gold and silver prices are extending their pullback from recent record highs, with fresh selling pressure seen across global markets. After a brief dead-cat bounce earlier in the week on Tuesday and Wednesday, precious metals came under heavy selling on Thursday, and the weakness has carried into early Friday trade. COMEX gold dropped below the $4,800 per ounce level and touched an intraday low of $4,671.14. Silver also remained under pressure, with COMEX silver trading at $70.25 per ounce at 6:40 am on Friday - down about 8.5% from the previous session’s close.
Gold, silver price today live updates: Strong dollar, easing US–China tensions weigh on precious metals
Gold, silver price today live updates: Gold and silver prices came under pressure as the US dollar strengthened to a near two-week high. Signs of easing US–China trade tensions also reduced safe-haven flows into precious metals, triggering fresh selling.
Gold price today: MCX gold opens lower by ₹1,098, slips below previous close
MCX gold opened today at ₹1,51,948 per 10 grams, down ₹1,098 or 0.71% compared with the previous close of ₹1,53,046. The weaker opening comes amid pressure in global bullion markets and a firm US dollar, which reduced safe-haven demand in early trade.
