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Price of yellow metal at a hike on constant basis
BUSINESS ECONOMICS
|December 01 - 31, 2022
The gold market is seeing constant profits as prices are constantly increasing for the yellow metal.
Following clear global indications, this month gold prices rose in Indian markets to a nine-month high. Silver prices increased by 1% to reach `66,570 per kg on the MCX while gold futures increased by 0.9% to `49,292 per 10 grams. Gold increased 0.6% to $1,860.59 per ounce on international markets as heated US inflation data encouraged investors to place their money in the precious metal’s safety. According to analysts, if inflation fears continue to rule public opinion, gold, which is viewed as a hedge against inflation, would be well supported.
Denne historien er fra December 01 - 31, 2022-utgaven av BUSINESS ECONOMICS.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
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