Gold prices today surge to near 3-month high, eye ₹50,000 per 10 gram1 min read 14 Feb 2022, 09:07 AM IST
Analysts say that gold rates are likely to remain supported by geopolitical tensions around Ukraine.
Gold and silver prices were firm today in Indian markets, tracking gains in international rates. On MCX, gold futures jumped 0.8% to near 3-month high of ₹49,506 while silver rose 1% to ₹63,630 per kg. Analysts say that gold is likely to remain supported by geopolitical tensions around Ukraine. In global markets, spot gold was near 3-month highs of $1,859 per ounce. But gains were muted as the dollar and safe-haven currencies held gains, while yields on the benchmark U.S. 10-year Treasury note edged higher.
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