GOLD AND SILVER FUTURES DECLINED IN THURSDAY’s TRADE AS FIRM U.S. TREASURY YEILDS CONTINUED TO WEIGH ON THE NON-YEILDING BULLION | HOW TON INVEST IN BULLIOIN TODAY ?
Bullion Updates :-MCX gold futures for April delivery were trading Rs 180 or 0.40 per cent lower at Rs 44,768 per 10 grams. Silver futures for May delivery were quoting at Rs 67,473 per kg, down Rs 527 or 0.78 per cent.Benchmark U.S. Treasury yields held near 1.5 per cent, threatening gold’s appeal as an inflation hedge as they increased the opportunity cost of holding bullion.