Gold Price Drops on Dollar Strength, Silver Rises Amid Demand: Precious Metals Trade Strategy Revealed
Introduction: Mixed Momentum in Precious Metals Market In early trade on Thursday, gold prices in India declined while silver prices edged higher. This divergence reflects a complex interplay of global macroeconomic cues, fluctuations in the US dollar, and shifting investor sentiment. While MCX Gold August futures dropped 0.30% to ₹97,490 per 10 grams, MCX Silver…
