Gold: Trump’s sanctions against Iran fuel rise in rates; check price in major cities

The rise in gold metal prices today has been largely fueled by Donald Trump's new economic sanctions, both primary and secondary, on Iran. Read on to know how the prices of gold of 24 carat, 22 carat and 999 fine silver are ruling in major cities of India.

Kolkata: Gold and silver prices faced upward pressure on Tuesday as the Donald Trump administration announced economic sanction to isolate Iran’s economy. Trump’s administration urged other nations to impose sanctions against Iran failing which Washington could take action against those non-cooperating nations. “We are launching an economic onslaught against Iran’s financial connections around the globe,” US treasury secretary Scott Bessent said as he revealed the contours of the new plan. As a result gold prices rose on Tuesday to their highest level in the........

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