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Gold Reclaims ₹80,000; Silver Hits One-Month High Amid Ongoing Rally

Gold prices surged past the ₹80,000 mark, reclaiming this significant milestone after recent market fluctuations. The surge reflects strong investor sentiment and robust demand in the precious metals market.

Silver Extends Rally for Third Consecutive Day

Gold prices surged past the ₹80,000 mark, regaining this milestone after recent fluctuations. Meanwhile, silver continued its upward trajectory, touching a one-month high during intraday trading, marking its third consecutive day of rally. Experts attribute the surge to global market trends and investor demand.

Silver prices continued their upward trajectory for the third consecutive day, reaching a one-month high during intraday trading. The rally underscores sustained buying interest and a favorable outlook for the metal.

Factors Driving Precious Metal Prices

The upward trend in gold and silver prices is attributed to global economic uncertainties, a weaker dollar, and increased investment in safe-haven assets. These factors continue to drive demand, boosting prices.

Market Experts Weigh In

Analysts suggest that the ongoing rally in precious metals is likely to persist in the near term, given the prevailing market conditions and investor behavior. Traders are advised to monitor key global economic indicators closely.

Outlook for Gold and Silver

As gold reclaims its ₹80,000 mark and silver maintains its rally, market participants remain optimistic about further gains in the precious metals market. The trajectory will depend on geopolitical events and economic data in the coming weeks.


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