Scroll down to read the news in brief...
After US President Donald Trump announced a reduction in the import tariff imposed on India on Monday night, there was a significant surge in the Indian capital market on Tuesday. As soon as the market opened, the Sensex rose by 2200 points and the Nifty by 700 points.
This decision has provided great relief to Indian exporters, and its positive impact was reflected in the stock market. On the other hand, there has been a tremendous surge in the prices of gold and silver. After the futures market opened, the price of one kilogram of silver increased by a whopping 20,000 rupees, crossing two and a half lakh, while the price of gold jumped by four and a half thousand rupees per tola.
According to the current rate, the price of 10 grams of gold has reached the level of 1 lakh 48 thousand rupees. Due to the significant fluctuations in gold and silver prices in recent days, there is curiosity among investors and jewelers. Positive signals have been received in the international market due to the US tariff cuts, and its direct impact is visible on the Indian market. According to experts, this is a sign of reducing global trade tensions, which has led to an increase in the prices of gold and silver.
This trend is also visible in the major markets of Mumbai. With the price of one kilogram of silver reaching 2.50 lakh, there is a wave of joy among small traders and investors. However, due to this sudden increase in prices, buyers have become cautious. It will be interesting to see if this boom in the capital market will last throughout the day. Experts advise investors to make decisions cautiously.
• The US has reduced tariffs on India
• Sensex increased by 2,200 points, Nifty by 700 points
• Gold 10 grams ₹1,48,000, Silver 1 kg ₹2,50,000
• Investors should exercise caution, a surge in prices observed