Gold and silver prices climb as Middle East conflict intensifies and dollar softens
On August 11, MCX gold futures climbed by 1.22%, surpassing the ₹1.55 lakh mark for every 10 grams. Simultaneously, silver futures saw a 1.05% increase, reaching ₹2.40 lakh per kilogram. This upward trend is attributed to growing geopolitical instability in the Middle East and a decline in the US Dollar Index. While gold rates held steady in most major cities across India, silver prices showed some fluctuation. It is recommended that buyers verify current prices in their specific cities.
by shortkt.com✓