NIFTY23,4060.33%
SENSEX74,3460.41%
BANKNIFTY54,1860.88%
NIFTY IT29,3845.57%
PHARMA24,0870.33%
AUTO26,0930.05%
FMCG48,1241.01%
METAL13,5350.17%
REALTY762.601.39%
ENERGY40,1970.02%
NIFTY23,4060.33%
SENSEX74,3460.41%
BANKNIFTY54,1860.88%
NIFTY IT29,3845.57%
PHARMA24,0870.33%
AUTO26,0930.05%
FMCG48,1241.01%
METAL13,5350.17%
REALTY762.601.39%
ENERGY40,1970.02%

Gold Price Update - March 18

The gold price on the Multi Commodity Exchange (MCX) experienced a decline in early deals on Wednesday, March 18, as investors awaited the US Federal Reserve's monetary policy decision. Geopolitical risks and concerns over a potential spike in inflation limited the downturn in gold prices.

Market Performance

  • MCX Gold April Futures: Down 0.21% at ₹1,55,662 per 10 grams as of 9:15 am.
  • MCX Silver May Futures: Down 0.76% at ₹2,51,200 per kg at the same time.

Read also: Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data

Investor Takeaway

Monitor gold prices for potential volatility ahead of the US Federal Reserve's policy decision.

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