Although gold is seen as a hedge against inflation, rising interest rates increase the opportunity cost of holding bullion, which pays no interest. Market participants are also keeping a close watch on the resumption of gas flow along the biggest pipeline from Russia to Germany.
from Commodities-Markets-Economic Times
Read The Rest:economictimes...
Post Top Ad
Thursday 21 July 2022
Gold rate today: Yellow metal breaches Rs 50,000 on MCX
Tags
# commodities
Share This
About ajit
commodities
Tags:
commodities
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment