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MARKETS-ECONOMIC TIMES · INDIAN ·

Gold prices fall Rs 1,300/10g; silver tanks Rs 7,200/kg on firm dollar, rate hike fears. What should you do?

As reported by Markets-Economic Times
Gold and silver prices fell sharply on MCX on Tuesday, reversing gains from the previous session, as a stronger U.S. dollar dampened demand and investors tracked U.S.-Iran peace talks and interest-rate expectations.
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Gold prices fell sharply on MCX by Rs 1,300 per 10 grams, while silver tanked Rs 7,200 per kilogram. This decline on Tuesday was attributed to a stronger U.S. dollar, dampening demand, and investor concerns over potential interest rate hikes. Investors are also monitoring…

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