“Gold hits record high at Rs 86,875 on investor demand amid global economic concerns; Silver fluctuates.”

Gold prices in India have surged to a record high of Rs 86,875 per 10 grams as investors flock to safe-haven assets amidst US trade tariffs and a global economic slowdown. Similarly, silver prices have also experienced fluctuations, closing at Rs 99,389 per kilogram. The market sentiment is largely influenced by the anticipation of a more dovish Federal Reserve policy and the prevailing volatility in the dollar index and US trade relations. This surge in precious metal prices underscores the nervousness among investors regarding the uncertainties in the global economic landscape.

In Trend

Banks to Close for Holi on March 13-14 as per RBI Guidelines, Digital Services to Continue: Report

Morgan Stanley bullish on India’s equity outlook despite recent dips, predicts market recovery by 2025 amid positive indicators.

Leave a Reply

Your email address will not be published. Required fields are marked *