Gold Holds Steady, Silver Slips as Fed Rate Hike Fears Ease
Gold traded flat while silver declined as easing Fed rate hike expectations and softer crude oil prices influenced markets.
B
Business
NEWS CARD
“Gold Holds Steady, Silver Slips as Fed Rate Hike Fears Ease”
Read more on
www.entrepreneuroutreach.com/s/530029
6 Jul 2026
New Delhi, July 6 (IANS) Gold traded flat while silver slipped in early trade on Monday as softer crude oil prices reduced expectations of further interest rate hikes by the US Federal Reserve.
On the Multi Commodity Exchange (MCX), gold futures (August 5) opened at Rs 1,47,135 per 10 grams, down Rs 243 or 0.16 per cent from the previous close of Rs 1,47,378.
At around 11 am, the yellow metal was trading at Rs 1,47,177 per 10 grams, down Rs 200 or 0.14 per cent. It touched an intraday low of Rs 1,47,032, down Rs 346 or 0.23 per cent and a high of Rs 1,47,509, up Rs 131 or 0.08 per cent so far.
