New Delhi, Aug. 4 -- Gold and silver prices in your city on August 4: The prices of the precious metals jumped in the domestic futures market today after the US Dollar index declined by more than half a per cent and amid persising tariff uncertainties.
The MCX Gold October 3 contracts traded 0.34 per cent up at Rs.1,00,090 per 10 grams, while MCX Silver September 5 contracts were up 0.47 per cent at Rs.1,10,775 per kg around 9.15 am on August 4 (Monday). While, the dollar index declined by over 0.50 per cent to 98.60, making gold cheaper in overseas currencies and enhancing its demand.
Experts agree that gold and silver are safe haven bets that investors can make to safeguard their portfolios in these volatile markets. Over the past 20 ...
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