‘Gold prices are rising because central banks are accumulating it’: Nirmala Sitharaman

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On the Multi Commodity Exchange of India (MCX), gold opened the day's session at ₹1,60,049 per 10 gm for 24-carat purity, marking a 2.02% jump from the previous close. Later in the day, gold futures traded about 1.51% higher at ₹1,59,239 per 10 gm, while silver surged over 4% to ₹2,63,193 per kg.