MCX Gold Holds Above 52K Mark

24 Nov 2022 , 04:52 PM

Gold stayed propped up on Thursday tracking weakness in dollar after Fed minutes showed most policymakers at the central bank agreed it would soon be appropriate to slow the pace of interest rate hikes US benchmark treasury yields dropped below 3.7% and dollar index that tracks the greenback against a basket of currencies is down 0.17% at 105.79. COMEX gold is currently quoting higher by 0.64% at $1756.70 an ounce. On the MCX, Gold prices rose by Rs 228 to Rs 52,679 per 10 grams. Powered by Commodity Insights