Gold, silver rebound on buying at lower levels despite rate concerns - Business Standard
Gold
Silver
AI desk brief
Gold and silver rebounded on Friday as buying emerged at lower levels despite ongoing pressure from higher interest-rate concerns. Comex gold was near $4,310/oz and silver near $64.35/oz, while MCX gold was around ₹1,50,700–₹1,51,135 per 10 gram and MCX silver around ₹2,33,850/kg.
The piece suggests near-term support is coming from dip-buying, but the broader backdrop remains capped by rate worries.
Sources used
- S1 Business Standard via Google News — Gold, silver rebound on buying at lower levels despite rate concerns - Business Standard