Tensions between the US and Iran led to a sharp rise in gold and silver prices, with gold prices jumping to a new high of Rs 41,000 per 10 grams in the spot market. Silver also rose behind gold, hitting Rs. 49,000 was exceeded. Prices of both the precious metals were higher in the spot as well as in the futures market. Even in the gold market in the evening, the price of gold excluding GST was 40 thousand plus. Tensions between Iran and the United States have led to a sharp rise in gold prices. Gold prices are likely to rise in the coming days as tensions between the US and Iran are less likely to ease. Apart from gold, petrol and diesel prices are also likely to rise.
Tensions between the US and Iran led to a sharp rise in global gold and silver prices, which pushed up the prices of both the precious metals in the Indian market. In which gold has touched a new high again. Gold (99.9) today traded at Rs. 41000 to 41200 per 10 grams, which shows a rise of Rs 700 against the official price of Rs 40,4000 on Thursday. Similarly, the price of silver in the domestic market also rose to Rs. Around 49000 per kg was spoken. Even in the domestic markets, the price of 10 grams of gold is Rs. 41,000 and silver Rs. Around 48,500 to 49,000 per kg were spoken.
Tensions between the United States and Iran also led to rising crude oil prices. As a result, precious metals prices also warmed up and gold touched a four-month high in world markets. Gold in global markets rose 0.6 per cent to 15 1,538.42 an ounce, a four-month high. Along with gold, silver also gained half a per cent to 18 18.11 an ounce in global trade. Platinum was up 0.3 per cent at 1 981.43 and palladium was up આટ 1964.87 an ounce.
Tensions between the US and Iran led to a rise in precious metal prices and a weakening Indian rupee. The Indian rupee fell to 71.73 against the US dollar today, indicating a 36 paise depreciation against the Indian rupee against Thursday's close of 71.37.
Tensions between the US and Iran led to a rise in precious metal prices and a weakening Indian rupee. The Indian rupee fell to 71.73 against the US dollar today, indicating a 36 paise depreciation against the Indian rupee against Thursday's close of 71.37.
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