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Gold price updates: Prices dips on MCX; check out prices in Mumbai and Delhi

Gold and silver prices slipped in early Thursday trade on the MCX as investors awaited cues from the US Federal Reserve. Mumbai gold prices also eased, with 24-carat at Rs 1,28,060 per 10g. Experts noted key support and resistance levels as global uncertainties continue to influence market movements

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Representational Image. File Pic

Representational Image. File Pic

Amid the critical geopolitical tensions, the prices of gold and silver fell in early trade on the MCX on Thursday. After experiencing a rally in the last few weeks, the yellow metal, along with silver, declined significantly, as per IANS. 

The decline came even as investors continued to watch for signals from the US Federal Reserve ahead of its monetary policy meeting next month.

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