Gold Silver Price Today: Due to increasing tension between Israel and Hamas, there is strong action in the bullion market. After a strong rise in the prices of gold and silver in the domestic futures market, a softening is being seen today.
Gold Silver Price Today: Effect of increasing tension in the Middle East! After strong rise, gold and silver slipped again, check latest rates. Due to increasing tension between Israel and Hamas, there is strong action in the bullion market. After a strong rise in the prices of gold and silver in the domestic futures market, a softening is being seen today.
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A sharp decline is being recorded in the prices of gold and silver in the international spot market. Gold on COMEX has slipped from upper levels after a sharp rise of 3%. The price of gold on COMEX is trading at $ 1933 per tons. The price of silver has also come down to $22.83 per ons.
Why the decline of Gold and Silver?
The impact of the ongoing war between Israel and Hamas in the Middle East is being seen on the bullion market. Last week, gold prices registered a rise of more than 5 percent. However, there was a weak opening on Monday as investors booked profits. Apart from this, the impact of the possibility of continued rise in interest rates in America is also being seen.