Bullion signals: signs of cooling down

Precious metals hit record highs again, posting gains for the ninth straight week. Gold ($4,254/ounce) rose 5.9 percent and silver ($51.90/ounce) rose 3.2 percent. In the domestic market, gold futures (₹1,27,008/10 gram) and silver futures (₹1,56,604/kg) rose 4.7 percent and 6.9 percent respectively. MCX-Gold (₹1,27,008) Gold futures hit an all-time high of ₹1,32,294 on Friday […]