INSUBCONTINENT EXCLUSIVE:
Gold, silver prices: On Monday, gold prices gained Rs 100 per 10 grams.Gold prices climbed Rs 175 to Rs 31,725 per 10 gram at the bullion
market on Tuesday, reported news agency Press Trust Of India (PTI)
The surge in gold rates was driven by a firm global trend amid persistent buying by local jewellers, said traders
In the national capital, gold of 99.9 per cent and 99.5 per cent purity shot up by Rs 175 each to Rs 31,725 and Rs 31,575 per 10 gram,
know about gold prices, silver rates on Tuesday:1
Investors were cautious ahead of a US Fed meeting, which could offer direction on future interest rate hikes, while markets kept a close
watch on China-US trade war
While silver prices eased by Rs
38,100 per kilogram on Monday.3
Gold has fallen more than 12 per cent since hitting a peak in April against a backdrop of trade disputes and as rising US interest rates
diminish demand for non-interest bearing bullion, reported Reuters.8
The months-long trade rift between Washington and Beijing drove investors to buy dollar instead of gold in the belief that the Washington
has less to lose from the dispute
