Gold rate today: Yellow metal extends slide; silver nears Rs 60,000 - Business News| Latest News & Reviews On Financial Markets | Themarkettrendz

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Tuesday, 10 May 2022

Gold rate today: Yellow metal extends slide; silver nears Rs 60,000

Gold is seen as a hedge against inflation and a safe store of value during times of political and economic crises but is highly sensitive to rising short-term US interest rates, which raise the opportunity cost of holding zero-yield bullion.

from Commodities-Markets-Economic Times
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