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MCX precious metals see cautious trade amid global signals
MCX gold steadied on safe haven demand while silver stayed volatile, as traders assessed global cues, dollar moves, inflation data and central bank signals.
Gold and silver prices traded mixed on MCX as investors tracked global cues, dollar movement and interest rate expectations. Gold futures steadied on safe haven demand, while silver faced volatility amid industrial outlook concerns. Analysts cited US data signals, geopolitical uncertainty and currency swings influencing near term momentum, with traders advised to watch inflation prints and central bank guidance closely during the current trading session