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    The price of 24-carat gold prices in Chennai was at Rs 51,240. On MCX, August gold futures climbed 0.58 per cent to Rs 49,148 per 10 gram. Silver September futures jumped to Rs 53,048 per kilogram. MCX has decided to accept gold and silver bars refined at domestic refineries for deliveries, subject to final regulatory approval. ALSO READ: Rate of contraction in gems and jewellery exports slows ...

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    Happy Friday, traders. Welcome back to our weekly market wrap, focusing on the news flow, narratives, and economic data that had the biggest impact (and may continue) on gold prices, as well as the charts for the US Dollar and other correlated assets.

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    28/02/2020  Gold prices are crashing as we head into Friday’s close. The Fed may use its emergency powers to slash interest rates as soon as this weekend. A surprise rate cut could stabilize gold prices

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