Gold, Silver Dip on MCX Ahead of US Inflation Data; Experts Advise Trades

• Gold and silver prices declined on MCX due to a stronger US dollar and profit booking ahead of US CPI inflation data.
• MCX Gold February contract traded at ₹1,34,619 per 10 grams, down 0.20%, while Silver March contract was at ₹2,06,451 per kilogram, down 0.47%.
• Investors await the November US Consumer Price Index (CPI) data tonight and Personal Consumption Expenditure Price Index data on Friday.
• Vandana Bharti of SMC Global Securities recommends buying MCX NG around ₹365 (Target ₹375, SL ₹360).
• She also suggests buying Gold February contract around ₹134500 (Target ₹136000, SL ₹133800).

Why It Matters: Gold and silver prices fell, with focus on US inflation data; experts offer commodity trading tips.