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economictimes.indiatimes.com / 1 year ago
economictimes.indiatimes.com / 1 year ago
economictimes.indiatimes.com / 1 year ago
Gold Price Today: Yellow metal prices surge by Rs 260/10 gm in a week, silver up by Rs 560/kg
silver May futures contracts were trading at Rs 96,820/kg, up by 0.37% or Rs 355.
Gold prices have surged by Rs 260/10 grams in the last one week while silver prices went up by Rs 560/kg in the same period.
On Monday, gold and silver settled on a weaker note in the domestic and international markets. Gold April futures contract settled at Rs 85,419/10 grams with a loss of 0.53% and silver May futures contract settled at Rs 96,465/kilogram with a loss of 0.76%.
Gold and silver extended its fall amid heavy sell-off in the US equity markets and global markets were also plunged amid recession fears in the US due to heavy tariffs and trade war. The US President also not ruled out recession in the US while interviewing on economic outlook.
Heavy sell-off in the crypto and other financial asset classes are also pressurizing bullion prices. However, weakness in the dollar index and safe-haven appeal could support prices at lower levels.
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Beyond gold's glow: Silver ETFs are catching the shine livemint.com / 1 year ago
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