Indian Gold and Silver Prices Remain Stable Amid International Weakness
On August 14, gold and silver prices in India remained relatively stable due to weakness in international bullion markets. Gold prices hit ₹1,53,590 per 10 grams, while silver rates neared ₹2,54,900 per kg.
The Multi Commodity Exchange (MCX) saw gold futures drop by around 0.75% to ₹1.52 lakh per 10 grams, and silver futures dropped by over 1% to ₹2.32 lakh per kilogram.
Market participants will continue to track global economic data, US interest rate expectations, and currency movements for further direction in precious metal prices.