Sarafa Bazaar: Gold reached the first cross in Indore 86000 rupees

New Duniya Representative, Indore. The Reserve Bank cut the repo rate by 25 points as the demand for safe investment amidst geopolitical stress and economic uncertainty. This will reduce EMI. After the tax cut, now the interest rate will be cut after five years. Due to this, gold was seen trading at $ 8 in the international bullion futures market till evening on the last trading day of the week and 2866 per ounce and silver was trading at $ 32.29 an ounce. Due to this, gold achieved another new place in Indian markets.

• On Friday, gold jumped Rs 500 to Rs 86000, Rs 86900 per ten grams in new record prices in RTGS.
• At the same time, silver square rose by Rs 400 to Rs 95200 per kalo in cash. Consumers in the market are sluggish due to high prices.
• In the seven days of February, Sona Cadbury in Indore recorded a gain of around 2100 and silver by about Rs 1900. On 31 January, gold was 83900 and silver was Rs 93300 in Indore.
• Donald Trump’s tariff threats, a possible US control over Gaza and a renewed interest in the Iran nuclear deal, promoted a safe investment appeal of gold after raising geopolitical concerns.
• In addition, concerns about global economic development due to the US-China trade struggle further promoted gold prices. However, record-high prices reduced the physical demand in India.
• After going to the gold futures to $ 2866 on Kamax, it was seen trading at $ 2870 at the top and $ 2855 an ounce in the top and 32.29 dollars in the top at $ 32.41 and below at $ 32.01 an ounce.

Closed price of indore

In Indore, 86000 gold (RTGS) 86900 gold (91.60) was said to be Rs 79400 per ten grams in gold Kedbari rava cash. Gold closed at Rs 85500 on Thursday. Silver Chaurasa Cash 95200 Silver RTGS 96500 silver tunch 95300 rupees per kg and silver coin is Rs 1065. Sold per piece. On Thursday, silver square cash was closed at Rs 94800.