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The gold prices fall in the middle of India-Pakistani tension? Recent rate; So the yellow metal is trendy – personal financing

Updated May 10, 2025 13:00

Gold prices

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The gold prices fall in the middle of India-Pakistani tension? Recent rate; So the yellow metal is trendy

Gold prices: The precious yellow metal rates collected 480 rupees on Friday, May 9th, in the national capital at 99,730 RS Pro 10 grams, since increasing tensions between India and Pakistan had triggered the demand for safe Haven assets, according to the All India Sarafa Association.
The precious metal of 99.9 percent of purity was 99,250 rupees per 10 grams in the previous market in RS.

Gold of 99.5 percent of purity rose to 99,280 rupees per 10 grams on Friday.

India – Pakistan News: Does the gold price in India increase?

“Gold prices keep stable because the loosening of the trade voltages put pressure on the market,” said Chintan Mehta, Chief Executive Officer of Abans Financial Services.

Geopolitical tensions

Geopolitical risks, which result from the tensions of the India Pakistan, the Russia Ukraine War and the Israel plans to take full control over Gaza Strip in the background and the support of gold are intact, said Mehta.

These developments could continue to advance the demand for gold as a security against uncertainty, he added.

According to the Sarafa Association, silver prices also rose around 200 RS to 98,400 rupees per kg. The white metal had settled in the previous market session on 98,200 rupees per kg.

International gold price market

In the international markets, Gold rose over 1%on Friday when the dollar was lower, while the market was digested with tariffs from US President Donald Trump before a weekend meeting between the USA and China.

Spot Gold rose by 1.1% to $ 3,341.84 per ounce at 1146 ET (15:46 GMT) and has so far increased by 3.2% this week.

Bullion, known as security against geopolitical and economic uncertainties, has increased more than 27% since the beginning of the year.

The US gold Futures rose by 1.3% to $ 3,347.20.

Spot Silver in the markets overseas rose by 0.23 percent to $ 32.54 per ounce.

The leading analyst of HDFC Securities from Rooms Saumil Gandhi said that investors will later wait for the FOMC members of the Federal Reserve that could have an effect in the future direction of the US dollar and gold prices.

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