Weakened dollar.. Increase in gold prices
Gold and silver prices, which had been under correction for a few days recently due to profit taking, are gradually increasing. With the weakening dollar and the lack of a Fed interest rate cut, demand for gold and silver is increasing again. According to the Good Returns website, as of 6.30 am today, the price of 24-carat 10 grams of gold in the country has increased slightly to Rs. 1,23,180. The price of 22-carat gold is Rs. 1,12,910. A kilo of silver has also increased by Rs. 100 to Rs. 1,54,100.
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