Gold prices rose in India on Thursday, according to data from India's Multi Commodity Exchange (MCX).
Gold prices rose in India on Thursday, according to data from India 's Multi Commodity Exchange . Gold price stood at 71,911 India n Rupees per 10 grams, up INR 125 compared with the INR 71,786 it cost on Wednesday. As for futures contracts, Gold prices increased to INR 71,144 per 10 gms from INR 71,050 per 10 gms. Prices for Silver futures contracts increased to INR 82,568 per kg from INR 82,234 per kg.
Gold FAQs Why do people invest in Gold? Gold has played a key role in human’s history as it has been widely used as a store of value and medium of exchange. Currently, apart from its shine and usage for jewelry, the precious metal is widely seen as a safe-haven asset, meaning that it is considered a good investment during turbulent times. Gold is also widely seen as a hedge against inflation and against depreciating currencies as it doesn’t rely on any specific issuer or government.
India Silver Futures Commodities Silver
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