Gold prices fell in India on Tuesday, according to data from India's Multi Commodity Exchange (MCX).
Gold prices fell in India on Tuesday, according to data from India 's Multi Commodity Exchange . Gold price stood at 71,357 India n Rupees per 10 grams, down INR 1,354 compared with the INR 72,711 it cost on Monday. As for futures contracts, Gold prices decreased to INR 70,500 per 10 gms from INR 71,197 per 10 gms. Prices for Silver futures contracts decreased to INR 79,571 per kg from INR 80,579 per kg.
Gold FAQs Why do people invest in Gold? Gold has played a key role in human’s history as it has been widely used as a store of value and medium of exchange. Currently, apart from its shine and usage for jewelry, the precious metal is widely seen as a safe-haven asset, meaning that it is considered a good investment during turbulent times. Gold is also widely seen as a hedge against inflation and against depreciating currencies as it doesn’t rely on any specific issuer or government.
India Commodities Futures Silver Silver
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