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Commodities

India Gold Prices Rise Amid Hopes for US-Iran Peace Deal

Guavy AI Editorial Team
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Gold Silver
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Gold and silver prices in India experienced mixed trends on August 6, amidst hopes of a peace deal between the US and Iran. The price of gold traded higher across major cities due to expectations of a soon-to-be-reached agreement.

The developments led to a marginal increase in both 24-karat and 22-karat gold rates. However, silver prices declined in the domestic bullion market.

MCX gold rate was trading 0.22% higher at ₹149,100 per 10 grams, while MCX silver futures were trading about 0.16% lower at ₹227,990 per kg at around 9:13 am.

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