Welcome to The Indian Awaaz   Click to listen highlighted text! Welcome to The Indian Awaaz

Gold prices jumped sharply today in the Indian markets with the price for 24 Carat Gold reaching ₹ 53,890 per 10 grams, in Mumbai. On Multi Commodity Exchange, gold futures surged to ₹ 53,500 per 10 gram.

The rise comes in the background of Russia-Ukraine conflict, which is pushing investors towards safe-haven assets. Also, the ongoing rise in crude prices has intensified inflation worries, further boosting the appeal of the yellow metal.

Click to listen highlighted text!