The agreement on the India-US trade deal and the 18 percent reduction in tariffs are having a significant impact not only on the stock market but also on the commodity market. After continuously falling for the past five trading days, gold and silver prices witnessed a surge today. Gold prices increased by approximately Rs 6050. Silver prices also rose by 9 percent, registering a jump of Rs 20940. As a result, the latest price of gold has reached Rs 1,49,200 per 10 grams, while silver has reached Rs 2,54,200 per kilogram.
Significant Drop Recorded Earlier
Earlier, on Monday (February 2), according to the All India Bullion Association, gold and silver prices had witnessed a significant drop. Silver prices saw a major decline for the third consecutive day, falling by Rs 52,000 to Rs 2.60 lakh per kilogram. In the last three sessions, silver had fallen by approximately 36 percent from its January 29 high. The price of 99.9 percent pure gold also fell by Rs 12,800 to Rs 1,52,700 per 10 grams.
Gold and Silver Prices in the International Market
Gold and silver prices also registered a strong surge in the international market. On COMEX, during trading on Tuesday morning, gold rose by approximately $137, or about 3 percent, to reach $4,789 per ounce. Silver saw an even sharper increase, rising by 5.81 percent or about $4.4, trading above the $81 per ounce level.
WPL 2027 Auction: Strengths and Weaknesses of All 5 Teams After Squad Revamp
The WPL 2027 auction reshaped the squads of all five franchises, with teams targeting specific ga
The Delhi Capitals team required 2 runs for victory off the final two deliveries of their match a
The application process for the National Eligibility cum Entrance Test - Undergraduate (NEET UG 2
BJP media in-charge Amit Malviya attacked Rahul Gandhi via the social media platform X (formerly
On Monday, weather patterns are expected to shift across various parts of the country. In North I
ChatGPT, Claude, Grok Down: Major Global AI Outage Hits Users Worldwide
Users around the world reported difficulties accessing some of the biggest generative AI platform
Tata Motors Share Price Jumps 6%: Strong CV Business Sparks Rally, Brokerages See Further Upside
Shares of Tata Motors rallied sharply in early trading on Thursday, August 13, after the company'
Income Tax Return: Avoid These 5 ITR Filing Mistakes or You Could Receive an Income Tax Notice
Taxpayers rushing to file their Income Tax Return (ITR) before the deadline often make small but
Global star Shakira is set to return to India this year with a spectacular performance. Her fans
iPhone 18 Pro vs Pro Max: 256GB, 512GB, 1TB or 2TB—Which Storage Variant Should You Buy?
Apple has launched the iPhone 18 Pro and iPhone 18 Pro Max in India, with both models available i
