Market move▼ Bearish for Indian equities
MCX gold fell nearly 1% while silver gained over 0.5%
The brief
- A stronger US dollar and bond yields weighed on gold prices
- December gold opened ₹807 higher at ₹1,51,197 per 10 gram
- Bullion moves affect Indian jewellery makers and gold-related businesses, including Shanti Gold International
- SEBI and market institutions tease a new investor-focused initiative
- Gold Loses Shine: Yellow Metal Prices Fall By Over Rs 3,000 To Below Rs 1,50,000