Gold prices dip marginally on Friday, silver below Rs 70,500
Fri, May 14, 2021 10:10 AM

Gold prices dip marginally on Friday, silver below Rs 70,500

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Gold bounced off a one-week low hit earlier on Thursday as a dip in U.S. Treasury yields bolstered the metal's appeal as an inflation hedge. Precious metals remained mild, despite India celebrating the auspicious gold buying festival of Akshaya Tritiya. Gold futures on MCX were down 0.13 per cent or Rs 63 at Rs 47,375 per 10 grams. Silver futures fell 0.09 per cent or Rs 64 to Rs 70,467per kg.

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