Volatility Continues In The Stock Market, Slight Decline In Gold And Silver

New Delhi:- In the seventh session today on June 20 trend of decline in the stock market was finally broken. Sensex and Nifty took the lead early today. After around 01:30 pm, the decline started again.

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The trend of decline in the stock market was finally broken in the seventh session today and Sensex and Nifty took the lead early today. After around 01:30 pm, the decline started again. Till the time of updating the news, it was almost around today’s opening price.

There was a rise in the prices of gold and silver in the morning, but by the afternoon it also started showing a slight decline. During the trading of the day before, there was heavy volatility in gold and silver said by Rahul Kalantri, VP, Mehta Equities.

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After a weakness in the morning session, sentiments improved in the evening amid weakness in dollar and bond yield. Gold and silver market are in a strong position after the US Fed hiked interest rates. On the lines of global signals, gold is moving towards its biggest weekly decline in a month on Monday.

Spot gold is down by 0.6 per cent. Silver is down by 0.21 per cent. After Thursday’s strong fall, demand for gold remained under pressure in the US 10-year Treasury Yield.

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Priyanka Yadav

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