Gold rate today: Yellow metal barely holds Rs 50,000; silver drops sharply - Business News| Latest News & Reviews On Financial Markets | Themarkettrendz

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Tuesday, 13 September 2022

Gold rate today: Yellow metal barely holds Rs 50,000; silver drops sharply

Even though gold is seen as a hedge against inflation, higher interest rates increase the opportunity cost of holding the bullion while boosting the dollar, in which the precious metal is priced.

from Commodities-Markets-Economic Times
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