Gold Prices Soar Twice in a Single Day Amid Global Uncertainty

Business
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News18•03-02-2026, 17:44
Gold Prices Soar Twice in a Single Day Amid Global Uncertainty
- •Gold prices surged for the second time in a single day on Tuesday, February 3, 2026, marking a significant event amidst recent fluctuations.
- •The upward trend is observed across major Indian cities, impacting both general buyers and investors.
- •Factors contributing to the price hike include rising international gold rates, global economic uncertainty, and shifts in trade policies.
- •Investors often turn to gold during periods of stock market uncertainty, driving up demand and prices.
- •As of February 3, 2026, 22-carat gold is priced at 14,440 rupees, 18-carat gold at 11,855 rupees, and 1 kg silver at 275,360 rupees, with an additional 3% GST.
Why It Matters: Gold prices saw a significant double-digit rise in one day, driven by global economic uncertainty and international rates.
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