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Gold prices in Kerala rose to an all-time high on Tuesday, reaching ₹83,840 per sovereign (8 grams), marking an increase of ₹920 from the previous day. The price of one gram of gold went up by ₹115 to ₹10,480, while the rate of a gram of 18 karat rose by ₹95, reaching ₹8,680. The prices of silver,
The Fed cut the benchmark lending rate by 25 basis points
The increase in gold prices in the state is attributed to rising international rates.
Gold prices hit all-time highs above $2,100 per ounce on Monday
In the domestic futures market, MCX gold rose 0.4% to ₹57,050 per 10 grams. The spot rate was Rs 42,160 per 10 grams, according to a report.
The Fed Chairman, Jerome Powell was quoted as saying by reports that the bank is firmly committed to lowering inflation.
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