This expectation has ignited bullish sentiments in both domestic and international markets, further fueling the rise in gold prices. Also read: Gold and silver prices Today on 08-03-2024 : Check latest rates in your cityInternational gold prices ended February 0.25% lower at $2032.8 per ounce, whereas, domestic prices closed 0.67% lower. Where are the Gold prices headed? According to data by the World Gold Council, central banks' acquisitions of gold in 2023 amounted to 1,037 tonnes, falling slightly short of the record established in 2022. He further added, “Gold prices could remain choppy in the months ahead as the market reacts to geopolitical developments and US monetary policy.

Source: Mint March 09, 2024 00:11 UTC