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Gold and silver prices opened lower on MCX despite a weaker US dollar and falling oil prices, as investors awaited US inflation data for clues on the Federal Reserves next policy move. Analysts recommend buying on dips while monitoring key support levels.
Gold silver rates fall today in India. Follow Bhaskar English Latest Updates. According to the India Bullion and Jewellers Association (IBJA), the price of 10 grams of 24-carat gold fell by ₹1,005 to ₹1.48 lakh. Meanwhile, silver fell by ₹235 to ₹2.21 lakh per kilogram.
Gold and silver prices are expected to trade in a positive range next week, supported by rupee weakness and key global inflation data.