Gold hits the matrimonial season and silver rises before the karmas begin.

Gold: The precious yellow metal gold ushers in the wedding season and silver has risen even before the karmas begin. Karmas will start from 15th December 2024. Before this, as the wedding season is in full swing, there is an increase in buying gold and silver jewellery. Gold prices rose by Rs 700 to Rs 79,400 at Delhi's bullion market on Friday, November 29, 2024 due to a strong trend in overseas markets and increased buying by domestic jewellers, according to data from the All India Bullion Association (AIBA). For 10 grams. On Thursday, the price of 99.9% pure gold was Rs 78,700 per 10 grams. Silver also rose by Rs 1,300 to Rs 92,200 per kg. On Thursday, silver fell by Rs 4,900 to Rs 90,900 per kg. “Gold traded favorably on the MCX due to safe-haven demand amid ongoing geopolitical concerns,” said Jatin Trivedi, Vice President, Commodities and Currencies at LKP Securities, adding, “Gold was marginally traded on Friday. Due to safe-haven investments and the possibility of a further cut in interest rates by the US Federal Reserve, Inflation was a bit high earlier this week !To TM, SP President Mata Prasad Pandey Turned the phone, said “Don't come here” – Gold futures fell by Rs 100 to Rs 78,700 per 10 gram as demand from jewelers and coin makers eased .400 down to Rs.78,300.Economic prospects of President-elect Donald Trump's tariff plans And amid uncertainty over the Federal Reserve's (Fed) interest rate outlook, traders said sentiment here weakened in line with a stronger trend overseas. Also Read: 'Arrest Bill Gates!' is trending