Gold prices soared, hitting a record high of ₹65,000 per 10 grams in the national capital, a ₹800 increase driven by strong international trends-the session before saw gold closing at ₹64,200 per 10 grams.. At the time of writing, the price of 24-carat gold stands at ₹65,000 per 10 grams, reflecting an ₹800 increase influenced by positive international market trends.
Silver also saw a significant uptick, with prices jumping ₹900 to reach ₹74,900 per kilogram, up from ₹74,000 in the previous session. Internationally, gold prices on the Comex market rose to USD 2,110 per ounce, an over 1 per cent increase from its last close.
The rise in gold prices can be attributed to anticipations of a possible rate cut by the US Federal Reserve in June, leading to a notable increase of over ₹2,400 in gold prices on the Multi Commodity Exchange (MCX) over three days.
Diese Geschichte stammt aus der March 11, 2024-Ausgabe von Dalal Street Investment Journal.
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Diese Geschichte stammt aus der March 11, 2024-Ausgabe von Dalal Street Investment Journal.
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