gold Silver
Gold and silver have rocked the market in July 2025 by giving spectacular returns to investors. In the last 10 days, these precious metals won the hearts of investors. On June 30, the price of 10 grams of gold on the Multi Commodity Exchange (MCX) was Rs 96,075, which rose by about 1.81 per cent to close at Rs 97,818 on 11 July. At the same time, silver broke the record. On June 30, the silver price was Rs 1,06,292 per kg, which rose by Rs 6,709 to 6.31 per cent to Rs 1,13,001 in just 10 days.
Causes of gold and silver prices
Many global and domestic factors are responsible for this speed. The biggest reason is global economic uncertainty. Inflation pressure in the US and Europe and possible changes in the interest rates of central banks has attracted investors towards safe investment. Gold and silver, which are always considered safe investment, became the first choice of investors during this period.
The domestic market also saw an increase in demand. With the festive season approaching, the demand for jewelery and coins has increased, which further supported the prices of gold. Apart from this, the increase in industrial demand for silver also brought its prices to a record level. The use of silver in solar panels, electronics and medical equipment is increasing, which increased its demand. Along with this, the trend of falling stock market is also supporting gold and silver markets.
Effect of global market
Gold prices in the international market have reached close to $ 2,400 an ounce, which is a record level. Weakness and global-political stress in US dollar also bullied gold and silver. Experts believe that this speed may continue in the coming days, as investors are emphasizing on safe investment amid uncertainty.
Source: www.tv9hindi.com
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