Epic Research

Monday, May 20, 2019

GoldRateToday: Gold losses sheen on strong rupee, surging equities

Gold suffered a strong loss in futures trade on Monday as strong gains in riskier equities made investors avoid bets in safe-haven metal.

The MCXGold was trading at Rs 31470 per 10 grams, down by Rs 321, while MCXSilver was trading at Rs 36228 a kilo, down by Rs 349 around 11:05 am.

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