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    Stock Market Surges on Friday, Sensex Closed below 40500 Points

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    Stock Market Surges on Friday, Sensex Closed below 40500 Points

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    Stock Market Surges on Friday, Sensex Closed below 40500 Points

    NHRC Team Reaches Hospital to See the Dead Bodies of the Accused Killed in Hyderabad Encounter

    Stock Market Surges on Friday, Sensex Closed below 40500 Points

    Every Indian is Ashamed of Unnao Daughter’s Death: Arvind Kejriwal

    Stock Market Surges on Friday, Sensex Closed below 40500 Points

    BJP’s Should Read My Bail Order Properly: P. Chidambaram

    US Fed, Market down

    Stock Market Surges on Friday, Sensex Closed below 40500 Points

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    Auto Component Industry Crisis increased, 1 Lakh Worker Laid-off in 6 Months

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    Tech News

    Tech Wrap: Here’s the Glimpse of Top 5 Tech News of the Week

    Pati Patni Aur Woh Box Office Collection Day 1

    PM Modi Arrives to Attend Conference of Directors of Police

    Pati Patni Aur Woh Box Office Collection Day 1

    My Daughters were Threatened with Rape and Demanded his Resignation: Neeraj Kumar

  • Politics
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    • Chief Minister
    • Prime Minister
    Stock Market Surges on Friday, Sensex Closed below 40500 Points

    Amna Nawaz will be the New Face to Conduct a Debate for the US Presidential Candidacy

    Stock Market Surges on Friday, Sensex Closed below 40500 Points

    Vinay Sharma Did Not Signed in Mercy Petition Sent to President: Nirbhaya Case

    Stock Market Surges on Friday, Sensex Closed below 40500 Points

    Every Indian is Ashamed of Unnao Daughter’s Death: Arvind Kejriwal

    Stock Market Surges on Friday, Sensex Closed below 40500 Points

    Sakshi Maharaj Congratulates Rape Accused Kuldeep Sengar on his Birthday

    Stock Market Surges on Friday, Sensex Closed below 40500 Points

    BJP’s Should Read My Bail Order Properly: P. Chidambaram

    Film Pati Patni Aur Woh Becomes The Biggest Opening Film of Karthik Aryan’s Career

    Voting Continues on 20 Seats in Jharkhand

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    sports

    Amitabh Bachchan Praised Virat Kohli for Winning First T20 Match

    sports

    Women National Boxing Championship: Sonia Chahal and Meenakumari Devi Makes it to Semifinals

    sports

    India Won First T20 Match against West Indies

    sports

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    Former Indian Cricketer GS Lakshmi to Become First Woman Referee in Men’s ODI

    sports

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  • World
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    Stock Market Surges on Friday, Sensex Closed below 40500 Points

    Amna Nawaz will be the New Face to Conduct a Debate for the US Presidential Candidacy

    Stock Market Surges on Friday, Sensex Closed below 40500 Points

    NHRC Team Reaches Hospital to See the Dead Bodies of the Accused Killed in Hyderabad Encounter

    Stock Market Surges on Friday, Sensex Closed below 40500 Points

    Vinay Sharma Did Not Signed in Mercy Petition Sent to President: Nirbhaya Case

    Stock Market Surges on Friday, Sensex Closed below 40500 Points

    Every Indian is Ashamed of Unnao Daughter’s Death: Arvind Kejriwal

    Stock Market Surges on Friday, Sensex Closed below 40500 Points

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    Stock Market Surges on Friday, Sensex Closed below 40500 Points

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Gold Price Hit on a Historic Level, Silver Price also Increased

Historical rise in gold prices on Friday showed strong signals from foreign markets. Similarly, silver prices reached a year's highest level.

Monali Gupta by Monali Gupta
July 19, 2019
in America, Business, China, Economy, Finance, Gold, India, News, Share Market, Trade, US, World
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If you are thinking of buying jewellery for the upcoming festive season then it is a bad news for you. Indeed, the prices of gold and silver have increased. On Friday, the value of gold crossed the level of 35 thousand 400 rupees per 10 grams. This is the highest level of gold prices. Never before did such a big boost in the price of gold was found. At the same time, silver prices have also reached a high of last year.

Gold has remained bullish on the Multi Commodity Exchange (MCX) since last three days. Under this, the price of gold in the early trading of Friday reached Rs 35,409 per 10 gram. Earlier, the price of gold was at Rs 35,321 per 10 grams. Gold is the highest level of gold ever on MCX. On the other hand, silver is on the rise for the past one week. Silver prices on MCX are at the highest level since June 15, 2018.

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Will Gold Price Increase further?

The rise in gold prices can continue even further. According to Ajay Kedia, director of Kedia Commodity, gold prices may soon touch the level of Rs 36,000 per 10 grams. Kedia said that due to the indication of interest rates cut by the US Central Bank, there is a weakness in the dollar, which offers support for gold and silver prices.

At the same time, increasing the tension between Iran and the US, investors’ trends have increased in the form of safe investment equipment. He said that gold and silver traders have become the preferred investment tool for investors. According to the World Gold Council latest report, last month, ETF Gold Holdings has increased by 127 tonnes in the world. He said that even the weakness in the domestic stock market has increased the demand for investors towards gold.

Tags: 35 thousand 400 rupees per 10 gramsGold Price HitHistoric LevelSilver Price also Increased
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