Gold and silver prices on rise, check new prices
Gold and silver prices on rise, check new prices
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On the first trading day of the week i.e. Monday, the prices of gold and silver in the Indian markets have risen sharply. The news of the ongoing war in Russia and Ukraine crisis has led to a surge in the price of the yellow metal. In fact, on Monday, the price of April futures gold on the Multi Commodity Exchange (MCX) climbed 1.5 per cent per 10 grams. The price of Silver rose 1.6 per cent per kg in March futures. Gold prices in the global markets have risen today after western countries imposed stringent sanctions on Russia for invading Ukraine.

Gold prices rose more than 1 per cent to $1,909.89 an ounce this month, up from more than 6 per cent this month. Amidst all this, Ukrainian officials will meet Russian counterparts on the border with Belarus as President Vladimir Putin has put his country's nuclear forces on high alert. Today i.e. on Monday, the price of April futures silver on MCX rose by Rs 800 to Rs 50,990 per 10 grams.

With this, the price of March futures silver rose by Rs 1,027 to Rs 65,050 per kg. Now let's talk about the sovereign gold bond scheme 2021-22, so the 10th instalment has opened for subscription from today. In fact, you will be able to invest in the Sovereign Gold Bond Scheme (SGB) till March 4 and the Reserve Bank of India (RBI) has fixed the price at Rs 5,109 per gram.

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