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Gold prices rise after huge drop; sharp jump in silver

Gold prices in India today witnessed rally on May 27 after remaining stable on May 26, May 25, and witnessing sharp decline on May 24 and May 23 tracking global rates as investors trimmed expectations of an interest rate cut by the Federal Reserve. 22k gold price today is quoting at Rs 66,650/10 grams after the rally by Rs 250 and 100 grams of 22 carat yellow metal prices today surged by Rs 2500 to Rs 6, 66,500 in India.

24k gold price today in India surged by Rs 270 to Rs 72,710/10 grams and 100 grams of 24 carat yellow metal got dearer by Rs 2,700 to Rs 7, 27,100 in the country. Meanwhile, 18k precious metal prices today surged by Rs 200 to Rs 54,530/10 grams and 100 grams of 18 carat gold prices rallied by Rs 2000 to Rs 5,45,300 in the country.

Silver prices India today witnessed sharp rally. 1 kg silver prices jumped by Rs 1500 to Rs 93,000 and 100 grams of silver prices today are retailing at Rs 9,300 after rising by Rs 150.

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