Gold futures on MCX were trading with mild cuts by 0.10 per cent or Rs 50 at Rs 51,044 per 10 grams. However, silver futures were trading lower by 0.64 per cent or Rs 395 at Rs 61,487 per kg.Higher short-term US interest rates raise the opportunity cost of holding bullion, but gold is also seen as a safe haven during economic crises, like a recession.from Commodities-Markets-Economic Times
Read The Rest:economictimes...
