Gold rate today: Yellow metal breaches Rs 50,000 on MCX - Business News| Latest News & Reviews On Financial Markets | Themarkettrendz

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Wednesday, 20 July 2022

Gold rate today: Yellow metal breaches Rs 50,000 on MCX

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
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