Gold Price Today: Yellow metal opens at Rs 70,634 per 10 grams; Silver at 81,319/kg
Amid easing Middle East tensions, safe haven buying in bullion seems to be diminishing as gold prices on MCX for June futures contracts fell by Rs 102 or 0.14% on Friday to trade at Rs 70,634 per 10 grams while MCX July silver contracts were down by Rs 44 or 0.05% to Rs 81,319 per kg.
Gold and silver exhibited significant volatility, initially surging during the early trading session following the FOMC meeting outcomes, only to relinquish those gains later on.
