Gold Silver Rate Today: Prices hit 3-month high as war escalates, Powell hints rate hike pause

Gold Silver Rate Today (October 20): Gold prices hit a three-month high on Friday as the Israel-Hamas war continued to escalate, while investors expected that Fed rate hikes are nearing an end.
On Multi Commodity Exchange (MCX), gold prices jumped to a five-month high. The rate of gold for December 2023 expiry today opened at Rs 60,401 per 10 gm levels, and hit an intraday high of Rs 60,615 levels.
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