Gold Price Today: Yellow metal nears record high amid safe-haven buying, opens at Rs 86,380/10 gm
Silver March futures contracts also opened higher today. The prices surged to a day’s high of Rs were trading at Rs 95,589/kg, up by 0.52% or Rs 500.
On Monday, gold and silver settled on a mixed note in the domestic and international markets. Gold April futures contract settled at Rs 86,184 per 10 grams with a gain of 0.20% while silver March futures contract settled at Rs 95,089 per kilogram with a loss of 1.15%.
Gold and silver showed very high price volatility and were settled on a mixed note amid a rebound in the dollar index.
Gold prices hit fresh life-time high amid global uncertainty due to Trump’s tariff and Russian drone attacks on Ukraine. Gold prices surged amid safe-haven buying and increased holding of ETF inventors. Shaky Israel-Hamas ceasefire deal is also supporting safe-haven demand for gold.
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