Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Commodities

Gold Prices Soar ₹1,200 as RBI Policy Announcement Looms

Guavy AI Editorial Team
Instruments
Gold Silver
Share

Gold and silver prices rose significantly on August 5 as investors awaited the Reserve Bank of India's (RBI) monetary policy announcement. On the Multi Commodity Exchange (MCX), gold futures increased by ₹1,200 per 10 grams while silver futures added around ₹2,500 per kilogram.

The RBI's decision was expected to have a significant impact on market sentiments and volatility in bullion prices. Market experts anticipate that gold and silver will remain volatile throughout the day as investors respond to the policy announcement and global economic cues.

More on Commodities

Commodities 1m ago

Brent Crude Oil Futures Data Available on Barchart.com

Commodities 2m ago

Oil Prices Plummet on Hopes for Iran Conflict Resolution

Commodities 3m ago

Oil Prices Plummet on Rapprochement and OPEC+ Supply Increase

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Real-time market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy