New Delhi, May 10 -- Gold, silver prices in your city, May 10: With the United States Federal Reserve keeping the rates unchanged on May 7, the prices of the yellow metal have lowered since last week. As uncertainty looms over the markets amid the escalating tensions between India, Pakistan and the latest between Israel and Gaza, commodities such as gold and silver have emerged as safe-haven assets.
In terms of returns, data shows that since last year, gold costs have jumped 30 per cent, returned 15 per cent CAGR since 2001, and beaten inflation by over 2-4 per cent since 1995.
The yellow metal prices opened slightly higher today at 7:30 am on May 10. The MCX gold index was at Rs.96,535/10 gm, the official website showed. Meanwhile, MCX...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.