Gold prices increased by Rs 235 to Rs 90,685 per 10 grams on Wednesday. Firm global trends and retailer buying after recent losses influenced this recovery. Silver prices also rose by Rs 1,500 to Rs 1,01,500 per kg. Market participants are watching key macroeconomic data and developments in the Russia-Ukraine situation for further insights.
Wait for dust to settle before taking fresh bets, says Maulik Patel
Geopolitical tensions and market swings prompt caution for investors. Maulik Patel of Equirus Securities advises patience, suggesting a wait-and-watch approach. He notes current crises differ