Russia- Ukraine War Affect: Gold Crossed 53000, Silver Crossed 70000, Rupee Crashed

The war between Russia and Ukraine has intensified and this conflict has 12 days on Monday and its effect is visible on the stock market, from crude oil to gold prices. Due to the intensification of corrosion, the price of precious metals has also continued to rise. If you are planning to buy jewellery then it is important for you to know their latest prices first. On Monday, the price of gold on MCX crossed 53 thousand. It gained 1.99 percent and the price of gold has reached Rs 53,605 per 10 grams.

Silver has crossed 70 thousand

Where there has been a strong jump in the price of gold, on the other hand, the rise in the price of silver is also not taking its name to stop. Its price has crossed 70 thousand. On Monday, the price of silver rose by 2.37 percent. With this, the price of silver has increased to Rs 70,800 per kg.

Rupee collapses against dollar

While on the one hand there is a tremendous decline in the stock market, on the other hand, the Indian currency rupee opened with a weakness of 77 paise at Rs 76.93 against the US dollar on Monday. Significantly, on the last day of the last trading week, the rupee closed at Rs 76.16 with a weakness of 25 paise against the dollar on Friday. According to a report, so far this year the rupee has depreciated by 3.60 percent.