Gold and silver prices to face pressure in hopes of global economic recovery

Gold and silver prices to face pressure in hopes of global economic recovery

Kolkata: Bullion prices are expected to continue their weak trend for the remainder of the week, with positive US manufacturing data increasing market optimism about the global economic recovery and dampening demand for the safe haven metal.

In the domestic market, October gold opened on the Multi Commodity Exchange (MCX) at Rs 51,449 for 10g, below Tuesday’s close of Rs 51,502. December MCX…

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