New Delhi, June 6 -- Gold, silver prices in your city, June 6: The yellow metal prices rose amid uncertainty over the US-China tariffs deal, geopolitical volatility in Europe (Russia-Ukraine war), and anticipation ahead of the US Fed rate decision.
In terms of returns, gold prices rose nearly 30 per cent year-on-year (YoY), and as an investment, it has returned 15 per cent CAGR since 2001. From 1995 onwards, gold has beaten inflation by over 2-4 per cent, according to data. Meanwhile, silver prices surpassed the Rs.1 lakh/kg threshold as investors flocked to safe-haven commodities to secure their portfolios.
The MCX gold index was at Rs.97,933/10 gm on June 6 at 7:15 am, the official website showed. Meanwhile, MCX silver prices were at ...
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