Gold futures on MCX for April delivery were trading at Rs 51,678 per 10 grams, up Rs 458 or 0.90 per cent. But analysts expected gold to fall going ahead as the bullion is highly sensitive to rising US interest rates, which increase the opportunity cost of holding non-yielding bullion.
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Thursday 17 March 2022
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Gold rate today: Yellow metal gains 1% as Fed lowers growth forecast; silver adds Rs 1,100