Gold rate today: Yellow metal posts mild gains; silver tops Rs 57,000 on MCX

The US central bank is expected to hike rates aggressively in an effort to curb inflation. Inflation concerns have prompted other central banks across the globe to tighten monetary policy. Gold futures on MCX were trading higher by 0.29 per cent or Rs 143 at Rs 49,445 per 10 grams. Silver futures gained sharply by 0.70 per cent or Rs 399 to Rs 57,083 per kg.

from Commodities-Markets-Economic Times
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