Gold prices today see huge fall after rising above ₹55,000 per 10 gram1 min read 09 Mar 2022, 04:04 PM IST
Gold rates today were under pressure after equities staged a rebound
Gold saw a sharp fall in Indian markets after rising above ₹55,000 in early session as risk sentiment improved, despite ongoing concerns that the fallout from Russia’s invasion of Ukraine will further fuel inflation and hurt economies. The precious metal futures were down 1.5% to ₹53,342 per 10 gram on MCX after hitting ₹55,190 in early session. Silver too was down 0.15% to ₹71,278 per kg, having hit ₹73,046 earlier in the session.
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