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As on : 06-Jan-2025
Other Markets - Bullion Markets
06-Jan-2025      15:01

Gold eases below $2660, silver steady above $30

Gold futures dipped below $2,660 per ounce on Monday as markets awaited key U.S. data, including job openings, Fed minutes, and the non-farm payrolls report, to assess the Federal Reserve's stance on rate cuts. Silver futures held steady above $30 per troy ounce, supported by optimism about China's economic outlook, the world's largest silver consumer. Over the weekend, Fed officials Mary Daly and Adriana Kugler hinted at a cautious approach to rate adjustments in 2024. On the MCX, February gold futures fell by ₹177 to ₹77,140 per 10 grams. Silver prices remained firm amid stable market sentiment.

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