Category: Economics News
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Silver Prices Skyrocket to Record High; Gold Market Steady with Festive Surge
The price of silver has reached a record high, creating a wave of excitement among sellers and buyers alike. Driven by the surge in festival demand, the price soared to hit Rs 1.41 lakh per kg. nnThis unprecedented rise not only illustrates the growing allure of silver as a valuable asset, but it also underscores…
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Surge in Gold Price as Federal Rates Cut Impact US Yields
Gold price surges above $2,700 Following the surprising decision of the Federal Reserve to cut their rates, the price of gold witnessed a substantial surge, exceeding the $2,700 mark. Gold, renowned for being a safe-haven asset in times of financial turbulence or uncertainty, proved its worth anew. Reduced rates from the Fed often indicate an…