Gold Silver Rate Today: Gold, silver prices fall in India, global prices too dip

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goldGold is considered arsenic a unafraid concern enactment amid economical oregon geopolitical instabilty owing to the ongoing conflicts successful West Asia, Russia-Ukraine.

Today’s Gold Rate successful India, 28 November: Gold prices witnessed a dip connected Thursday aft the US dollar strengthened and spot golden declined by 0.1 percent to 2,633.31 dollar per ounce. As beardown ostentation has been recorded successful US pursuing the investigation of economical data, it is apt that the Federal Reserve mightiness stay cautious of further involvement complaint cuts.

Gold is considered arsenic a unafraid concern enactment amid economical oregon geopolitical instabilty owing to the ongoing conflicts successful West Asia, Russia-Ukraine. In US markets, trading is expected to beryllium bladed contiguous arsenic markets are closed for Thanksgiving holiday. According to Kelvin Wong, OANDA’s elder marketplace expert for Asia Pacific, golden is apt to travel nether further unit successful caller fewer days oregon 2 weeks portion the long-tern bullish inclination for golden remains intact.

Meanwhile, successful India, the gold price fell by Rs 259 and today’s opening terms stood astatine Rs 75,916 per 10 grams portion the silver price fell by Rs 1,233 contiguous and today’s opening terms stood astatine Rs 87,197 per kilogram. In New Delhi, 1 tin bargain 10 grams of 24-karat golden astatine Rs 75,870 portion silver rate successful the Capital stood astatine Rs 87,300 per kilogram, according to India Bullion and Jewellers Association.

In Mumbai, 24-karat golden terms stood astatine Rs 75,960 for 10 grams successful Mumbai portion metallic complaint stood astatine Rs 87,390 per kilogram. The terms of 24-karat golden successful Kolkata stood astatine Rs 75,860 per 10 grams portion 1 kilogram of metallic would outgo Rs 87,280 successful the city. In Chennai, 1 tin bargain 24-karat golden astatine Rs 76,190 portion 1 kilogram of metallic volition outgo Rs 87,640.

With Reuters inputs

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