MCX gold August slips 0.21% to ₹1,44,124 per 10 grams; silver September rises 0.54% to ₹2,31,630 per kg
MCX gold August contracts slipped 0.21% to ₹1,44,124 per 10 grams in early trade, while MCX silver September contracts rose 0.54% to ₹2,31,630 per kg. The moves followed US data showing ADP private payrolls increased by 98,000 in June, below the 1,18,000 economists expected, and came alongside Federal Reserve officials’ remarks that inflation risks had eased. The dollar index held above 101, weighing on bullion demand for buyers using overseas currencies.