Gold, silver prices go up, analysts decode reasons - News Summed Up

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Gold, silver prices go up, analysts decode reasons


Prices of gold went on an upward trajectory on Tuesday, gaining ₹446 per 10 gram. According to HDFC Securities, gold reached ₹46,460 (per 10 gram) after the latest hike today. In the previous trading session, silver closed at ₹61,564 per kg. Tapan Patel, who works as senior analyst at HDFC Securities, said that gold prices extended gains on worries over fast spreading Delta variant cases. Situations like turmoil in Afghanistan usually does not affecte the price of gold.


Source: Hindustan Times August 17, 2021 11:48 UTC



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