New Delhi, June 11 -- Gold, silver prices in your city, June 11: Gold rates are in the green today as uncertainty remains over a trade deal between the United States and China, and as investors eye the US consumer price index (CPI) prints, due later today, for cues on the US Fed's interest rate decision.
Experts feel that despite the US economy showing signs of slowdown, the US Fed may not cut rates for the next few months due to risks of inflation amid the trade war.
Overall, experts feel that commodities (gold and silver) have emerged as the safe haven investment in these volatile markets, but caution must be maintained. Silver prices have held above the Rs.1 lakh/kg mark for the past week. And in terms of returns, over the past year ...
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