New Delhi, June 9 -- Gold, silver prices in your city, June 9: The prices of the yellow metal have moderated following the weak US economic data prior to the decision of the Federal Reserve on benchmark interest rates and US President Donald Trump's discussions with Chinese counterpart Xi Jinping.
Gold prices have risen by nearly 30 per cent year-on-year (YoY), yielding around 15 per cent CAGR since 2001. Since 1995, gold has surpassed inflation by more than 2-4 per cent, according to data. Meanwhile, silver prices exceeded the Rs.1 lakh/kg mark last week. Amid ongoing price volatility, gold and silver continue to serve as safe-haven commodities for investors aiming to safeguard their portfolios.
The MCX gold index stood at Rs.97,051 pe...
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