new Delhi. Sona Ke Aaj Ke Bhav: Gold and silver rates opened with a fall on Thursday. The hope of a solution to the Russo-Ukraine war through negotiations has brought down the rates of these precious metals. There is also a decline in gold and silver in the international markets.
Gold and silver have declined in the Indian markets on Thursday, March 10, 2022. Gold futures on MCX were trading 0.40% down at Rs 52,532 per 10 grams (Today Gold Rate) at 9.38 am, while silver was down 0.25% at Rs 69,404 per kg (Today Silver Rate). In the previous session, gold had fallen by ₹ 1,500 per 10 grams and silver by about ₹ 2000 per kg. On Wednesday, gold had reached ₹ 55,200 in intraday.
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Impact of the Russo-Ukraine War
Gold was falling globally on Wednesday due to the prospects of a solution to the ongoing war between Russia and Ukraine coming out of talks. Even today the decline is being seen. Rahul Kalantri, Vice President, Mehta Equities, told Live Mint that global equity markets are witnessing strength. Investors are now reaping profits in gold, due to which the selling has increased. Apart from this, the dollar index has also fallen by one percent. Some other reasons including the Russo-Ukraine war will support gold at a lower level.
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Tags: gold rate, Silver Price Today, Today gold rate
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