Gold prices witness surges in two consecutive days, close to touching Rs 60,000
March 25, 2023 12:32 ISTGold prices maintain increasing trends for two successive days. 24 carat gold increases by Rs 650.
Gold prices maintain increasing trends for two successive days. 24 carat gold increases by Rs 650.
The price of 24 carat gold (10 gm) increases by Rs 450.
Gold prices saw an increase of Rs 1000 in 24 carat and 22 carat Gold.
Gold price today: Gold prices remain constant after dropping on Saturday. However, different cities saw changes in the prices.
The prices of both 24 carat and 22 carat gold have increased significantly across various major cities in the country.
The recent strength of the US dollar and the possibility of a more hawkish monetary policy from the Federal Reserve has put pressure on gold prices.
Gold price news: Gold prices remain near a one-month low, with a stronger US dollar having a significant impact on the precious metal's performance. Despite the negative pressure, market analysts continue to monitor the situation, forecasting possible fluctuations in the near future.
Gold prices remained relatively stable on January 27th as traders closely monitored upcoming U.S. inflation data and the Federal Reserve's policy decisions. The release of strong U.S. GDP numbers has led to speculation that the Fed may need to keep interest rates higher for longer.
Silver also zoomed by Rs 775 to Rs 65,557 per kg on industrial demand, from Rs 64,812 per kg earlier.
On the Multi Commodity Exchange, gold contracts for the April delivery traded higher by Rs 1,432.00 or 2.84 per cent.
The Brent-indexed Crude oil prices crossed $96 per barrel, the highest in seven years.
In the previous trade, the precious metal settled at Rs 47,200 per 10 gram. Silver prices also rose by Rs 195 to Rs 60,122 per kg from Rs 59,927 per kg in the previous trade.
In the previous trade, the precious metal had settled at Rs 46,952 per 10 gram. In contrast, silver prices declined by Rs 615 to Rs 59,273 per kilogram from Rs 59,888 per kilogram in the previous trade.
In the previous trade, the precious metal had settled at Rs 47,852 per 10 gram. Silver prices also gained by Rs 444 to Rs 64,690 per kilogram from Rs 64,246 per kilogram in the previous trade.
In the previous trade, the precious metal had settled at Rs 48,328 per 10 gram. Silver prices also fell by Rs 208 to Rs 65,594 per kilogram from Rs 65,802 per kilogram in the previous trade.
The precious metal had settled at Rs 47,174 per 10 grams in the previous trade. In contrast, silver price declined by Rs 160 to Rs 63,482 per kilogram from Rs 63,642 per kilogram in the previous trade.
The precious metal had settled at Rs 47,012 per 10 grams in the previous trade. In contrast, silver prices gained Rs 216 to Rs 63,262 per kilogram from Rs 63,046 per kilogram in the previous trade.
In the previous trade, the precious metal had settled at Rs 46,786 per 10 gram. Silver prices also declined by Rs 898 to Rs 62,052 per kilogram from Rs 62,950 per kilogram in the previous trade.
In the previous trade, the precious metal had settled at Rs 46,791 per 10 grams. Silver prices also gained by Rs 45 to Rs 63,333 per kg, from Rs 63,288 per kg in the previous trade.
In the previous trade, the precious metal had settled at Rs 47,158 per 10 gram. Silver prices also fell by Rs 687 to Rs 63,210 per kilogram from Rs 63,897 per kilogram in the previous trade.
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