neutral
Recently
Mumbai bullion prices steady as traders monitor global rate cues
Gold and silver prices in Mumbai stayed stable, with fabrication demand supporting silver movement.
Mumbai’s bullion market reported stable movement in gold and silver as traders reacted to mixed global signals. Retail demand for 24K gold remained modest, with prices staying close to prevailing levels amid cautious buying. Silver showed slightly firmer activity supported by fabrication orders from local manufacturers. Dealers noted that steady currency conditions helped limit volatility during the afternoon session.
With traders awaiting upcoming US inflation data, both metals are expected to move within a narrow price band over the next trading cycle.