Gold price tumbled Rs 875 to Rs 66,575 per 10 grams in the national capital on Friday amid weak trends in global markets, according to HDFC Securities.
The precious metal had settled at Rs 67,450 per 10 grams in the previous trade.
In addition, silver also plunged Rs 760 to Rs 76,990 per kg against the previous close of Rs 77,750 per kg.
“Spot gold prices (24 carats) in the Delhi markets are trading at Rs 66,575 per 10 grams, down by Rs 875 from the previous day,” Dilip Parmar, Research Analyst at HDFC Securities, said.
In the overseas markets, spot gold at Comex was trading at USD 2,167 per ounce, down USD 35 from the previous day’s level.
“Gold prices are down nearly 2 per cent from their all-time hit yesterday weighed by profit-booking/ long liquidation, and a sharp rebound in the dollar index, following events like rate cuts by the Swiss National Bank, better than expected PMI and housing data from the US,” Pranav Mer, VP, Research (Commodity & Currency) at BlinkX and JM Financial, said.
Silver was also trading lower at USD 24.45 per ounce. In the previous trade, it had closed at USD 25.51 per ounce.
Comex spot gold has support at USD 2,145/2,130 and resistance at USD 2,178/2,206 per ounce.
“Gold prices experienced a correction over the last two days, influenced by a rise in dollar index and profit booking following a strong bullish rally in March.
“Despite this correction, the overall outlook for gold remains positive.
However, some volatility and further correction may be expected in the near term,” Jateen Trivedi, VP Research Analyst at LKP Securities, said.
For most of his life, Bernie Bluestein was not allowed to say anything about what he did during World War II in Western Europe.
Mr. Bluestein was a sophomore at Cleveland School of the Arts in 1943 when he left to join the U.S. Army. He then trained in a secret unit that landed at Normandy, France, shortly after D-Day in June 1944.
“What we did is we attracted the Germans’ attention so that the real units could do whatever they had to do elsewhere,” Mr. Bluestein, age 100, said in an interview.
As a private first class serving in the 603rd Camouflage Engineer Battalion, he created fake shoulder patches that his fellow soldiers wore on their uniforms to impersonate different elements of an infantry division. He also painted truck bumpers to falsely display markings of Army units that were actually elsewhere.
In his final mission, Mr. Bluestein said, the ruses devised by the roughly 360 soldiers of his battalion forced German commanders to spread their defenses thin in eastern France. That, he said, allowed the U.S. Army’s 90th Division — which was actually 10 miles north of the 603rd — to cross the Rhine River with less resistance.
“We saved the lives of about 30,000 soldiers,” Mr. Bluestein said.
The 603rd and similar units came to be known as the “Ghost Army,” which numbered about 1,100 troops. Together, they inflated rubber tanks, created fake airfields, blasted the sounds of troops marching from speakers placed on trucks and designed other diversions to fool German soldiers.
The mission of these lightly armed soldiers, who were a precursor to the Army’s current psychological warfare units, was officially declassified only in 1996.
On Thursday, Mr. Bluestein and two other members of the Ghost Army — Seymour Nussenbaum, age 100, and John Christman, 99 — received the Congressional Gold Medal on Capitol Hill before a crowd of more than 600 that included family members and friends.
Many in attendance wore lapel pins depicting a shield with a cartoon ghost that has orange lightning bolts coming from its left hand, the unofficial insignia of a unit whose mission went unacknowledged for more than 50 years.
Only seven of the original 1,100 soldiers of the Ghost Army are believed to survive.
Mike Bagby flew from Birmingham, Ala., to attend the ceremony in honor of his father, Wilbur Wright Bagby, who served as an officer in the Ghost Army but died in 1992, before his unit’s activities were declassified.
“He took it to the grave with him,” his son said. “He just didn’t want to talk about it.”
“The way I found out about it was I hired a guy to research his history while he was in the war, just to get a timeline. And the researcher said ‘Wow. Your dad was in the Ghost Army, huh?’ I said, ‘Really?’ I had no idea.”
Mr. Bagby said his father left the service shortly after the war and worked as a structural and mechanical engineer, mostly in the coal industry.
“He had a temper like a match head, No. 1, but he had an amazing vocabulary and did the New York Times Sunday crossword in 15 minutes,” Mr. Bagby said. “But all of his conversational language surrounded four letters.”
“This was a unit of nothing but a bunch of liars,” he joked. “You know, they presented themselves as a lot of different armies.”
He said that in a letter to his mother during the war, his father wrote, “I’ve worn more insignias than most people in the whole army.”
Getting the Congressional Gold Medal for the soldiers took years of work, much of it initiated by Rick Beyer, a film producer. He learned about the unit 19 years ago from a friend’s colleague who said someone should make a documentary about them.
“It took us four sessions of Congress to do it, and it took a whole team,” Mr. Beyer said in an interview. “We had 40 or 50 people who were volunteer lobbyists. They were emailing. They were calling. They were visiting offices in person. Covid hit in the middle of that, but we readjusted our way of doing things and kept going. And by God, we made it happen.”
In a small theater off Emancipation Hall, where military and congressional leaders greeted the veterans before the ceremony, Mr. Beyer reflected on the enormous effort coming to fruition.
“These men, these three guys and the four who are watching at home, and the thousand or so who are no longer with us, are finally being honored the way they should be for what they did in World War II.”
Mr. Beyer, who co-wrote a book about the Ghost Army and produced a documentary about it, said it had been difficult to see so many survivors pass away.
“I always say that the Ghost Army is turning into an army of ghosts, but at least we have done this,” he said. “We’ve stuck this flag in the hill while some of them are still alive. And I think that’s important.”
USA TODAY Blueprint may earn a commission from this advertiser.
What is the price of gold today?
The price of gold traded at $2,174.65 per troy ounce, as of 9 a.m. ET. That’s down 1.51% since yesterday’s gold price per ounce and up 5.24% from the beginning of the year.
The lowest trading price within the last 24 hours: $2,162.65 per ounce. The highest gold spot price in the last 24 hours: $2,208.12 per ounce.
Gold spot prices
XAU/USD is the label for finding the spot gold price traded in U.S. dollars. In this case, gold (XAU) is traded against the dollar, and the price represents the cost of one (troy) ounce of gold in USD. But there are other foreign exchange markets, such as XAU/EUR for trading in euros and XAU/GBP for trading in British pounds.
The spot gold price represents the price at which gold can be exchanged and delivered, and prices are typically quoted in gold price per troy ounce in U.S. dollars. But prices can also be quoted per gram and kilo. It’s worth noting that a troy ounce is slightly heavier than a standard ounce.
Gold price chart
The chart below shows how the spot price of gold is trending over the year. The data is as of 9 a.m. ET and doesn’t display intraday highs or lows.
Year to date, gold is up 5.24% from the beginning of the year, as of 9 a.m. ET. The 52-week intraday high reached $2,222.14 on March 21, 2024, and the 52-week intraday low dropped to $1,810.47 on Oct. 6, 2023.
Remember that the spot price of gold is quoted in real time and represents the current price at which gold can be bought or sold for immediate delivery. For most investors, the spot price usually differs from the price they’ll pay or receive when they decide to purchase or sell their gold.
For example, buying physical gold involves overheads like storage costs and insurance.
When trading physical gold, the difference between the buying and selling price, known as the spread, can eat into returns. Dealers often incorporate their markups and transaction fees within these spreads, which means the actual price an investor pays might be higher than the current market rate, while the selling price they receive might be lower.
While gold certificates, gold exchange-traded funds and gold trusts offer more liquidity and are easier to manage than physical gold, they come with their own risks. These investment vehicles might only sometimes match the performance of the spot price of gold due to management fees and potential discrepancies in tracking.
In essence, while the spot price provides a general benchmark for the value of gold, the actual returns and costs an investor encounters differ based on the medium of purchase and the specifics of the investment.
Investing in gold
Buying physical gold involves overheads like storage costs and insurance.
When trading physical gold, the difference between the buying and selling price, known as the spread, can eat into returns. Dealers often incorporate their markups and transaction fees within these spreads, which means the actual price an investor pays might be higher than the current market rate, while the selling price they receive might be lower.
While gold certificates, gold exchange-traded funds and gold trusts offer more liquidity and are easier to manage than physical gold, they come with their own risks. These investment vehicles might only sometimes match the performance of the spot price of gold due to management fees and potential discrepancies in tracking.
In essence, while the spot price provides a general benchmark for the value of gold, the actual returns and costs an investor encounters differ based on the medium of purchase and the specifics of the investment.
Precious metals spot prices
Precious metals have long served as investment vehicles and industrial commodities. Like gold, the spot prices of silver, platinum and palladium fluctuate based on various market, economic and geopolitical factors.
Silver spot prices
Silver possesses both monetary and industrial value. While it’s used as a hedge against economic volatility, it’s also crucial in the electronics, automotive and medical industries. Its dual-use nature can lead to different market dynamics compared to gold.
The price of silver opened at $24.70 per ounce, as of 9 a.m. ET. That’s down 2.74% since the previous day’s silver price per ounce and up 3.23% since the beginning of the year.
The lowest trading price within the last day: $24.41 per ounce. The highest silver spot price in the last 24 hours: $25.40 per ounce.
Platinum spot prices
Platinum is another precious metal that commands attention. Rarer than gold and silver, its primary use is in automotive catalytic converters, which help reduce harmful emissions. Given the push for cleaner automotive technologies, the demand dynamics for platinum can vary, influencing its spot price.
The price of platinum opened at $904.10 per ounce, as of 9 a.m. ET. That’s down 1.44% since yesterday’s platinum price per ounce and down 8.47% year to date.
The lowest trading price within the last 24 hours: $901.05 per ounce. The highest platinum spot price in the last 24 hours: $914.48 per ounce.
Palladium spot prices
Palladium, like platinum, is pivotal in the automotive industry for catalytic converters. In recent times, there has been a surge in palladium demand due to stricter emission standards worldwide. Its scarcity and rising industrial demand have led to significant price volatility.
The price of palladium is $1,003.25 per ounce, as of 9 a.m. ET. That’s down 1.52% since yesterday’s palladium price per ounce and down 8.76% year to date.
The lowest trading price within the last 24 hours: $989.54 per ounce. The highest palladium spot price in the last 24 hours: $1,019.81 per ounce.
USA TODAY Blueprint may earn a commission from this advertiser.
Frequently asked questions (FAQs)
Gold can be highly volatile and subject to strong short-term price fluctuations.
Whether it’s a good time to buy gold depends on various factors, including your investment goals, risk tolerance and time horizon, the broader economic outlook, and forecasts about the gold market.
Historically, many people view gold as a hedge against inflation and currency fluctuations. Others see it as a store of value during economic downturns. At the same time, some may find diversifying a portfolio of stocks and bonds useful, given its low correlation to both assets.
“If you look at gold’s performance historically, it’s the kind of asset that should perform well through uncertainty, as it has done in five out of the last seven recessions,” said Joseph Cavatoni, chief market strategist for North America at the World Gold Council. “For people looking for a store of value and a portfolio diversifier, gold has a strong track record of delivering those qualities.”
Gold’s value tends to fluctuate based on economic, geopolitical and market factors, so the answer to this question depends on the measured period. It’s also difficult to pinpoint the direction of future price trends ahead of time.
From the beginning of the year to March 22, 2024, the price of gold rose from $2,066.32 per troy ounce to $2,174.65, representing a 5.24% increase.
A secret American military unit known for its deception and trickery during World War II was awarded the highest honor, a Congressional Gold Medal, on Thursday in Washington, D.C.
The 23rd Headquarters Special Troops, also known as the “Ghost Army,” used things like inflatable tanks, sound effects, costumes and acting to accomplish their missions in Europe.
“The actions of the Ghost Army helped change the course of the war for thousands of American and Allied troops and contributed to the liberation of a continent from a terrible evil,” Secretary of the Army Christine Wormuth said during the ceremony at the U.S. Capitol, the Associated Press reported.
Only seven members of the Ghost Army are still alive, the AP reported, and three attended the ceremony in Washington: 100-year-old Bernard Bluestein of Hoffman Estates, Illinois; 99-year-old John Christman of Leesburg, New Jersey; and 100-year-old Seymour Nussenbaum of Monroe Township, New Jersey.
What was the Ghost Army?
After the war, information on the Ghost Army was kept secret for more than 50 years until it was declassified in 1996.
The military unit consisted of around 1,000 men and 82 officers under Colonel Harry L. Reeder.
Despite their relatively small numbers, the Ghost Army was able to simulate around 30,000 men, or two divisions, by using radio, sonic and visual deception, according to the National World War II Museum.
What is the Congressional Gold Medal?
The Congressional Gold Medal is the oldest award and the highest civilian honor given in the U.S., along with the Presidential Medal of Freedom.
It is awarded by Congress and is the “highest expression of national appreciation for distinguished achievements and contributions by individuals, institutions or groups,” according to the Congressional Medal of Honor Society’s website.
Gold prices dipped on Friday following a near-record peak in the previous session, buoyed by a strengthening dollar. However, they remain poised for a weekly increase after the US Federal Reserve’s announcement that it anticipates three rate cuts in 2024.
Spot gold was down by 0.7 per cent at $2,166.20 per ounce, as of 1026 GMT. It was positioned for a fourth weekly advance in five weeks, currently up by 0.5 per cent. US gold futures also experienced a decline of 0.8 per cent, reaching $2,168.
Back home, gold prices plummeted by ₹875 to reach ₹66,575 per 10 grams in the national capital on Friday, influenced by subdued trends in global markets. In the preceding trade, the valuable metal had reached a settlement price of ₹67,450 per 10 grams.
The rise in the dollar pushed it to its highest level in a month, thereby increasing the cost of gold for holders of other currencies.
“Gold prices are down nearly 2 per cent from their all-time hit yesterday weighed by profit-booking/ long liquidation, and a sharp rebound in the US dollar index above 104, following events like rate cuts by the Swiss National Bank, better than expected PMI and housing data from the US,” said Pranav Mer, VP – Research (Commodity & Currency) BlinkX and JM Financial.
Gold prices reached a fresh all-time high on Thursday, marking the fifth instance this month. This surge occurred amidst statements from Federal Reserve members affirming their intention to implement a three-quarters of a percentage point rate cut this year, despite the latest indications of robust inflation.
“Gold prices experienced a correction over the last two days, influenced by a rise in the dollar index and profit booking following a strong bullish rally in March, which saw prices climb from ₹63,000 to ₹66,900. Despite this correction, the overall outlook for gold remains positive. However, some volatility and further correction may be expected in the near term. Gold is anticipated to trade within a range of ₹65,250- ₹66,500,” said Jateen Trivedi, VP Research Analyst, LKP Securities.
According to Bank of America Global Research, investment in gold surged to its highest level in nearly a year during the week ending Wednesday, while investors withdrew funds from cash equivalents and stocks.
Silver declined by 0.8 per cent to reach $24.57 per ounce, while platinum saw a 0.2 per cent decrease to $905.90, and palladium experienced a 0.3% drop to $1,007.75. Each metal was poised for a weekly decline.
Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it’s all here, just a click away! Login Now!
On Thursday, March 21st, U.S. stock markets closed higher for a second day, buoyed by the Federal Reserve’s hints at upcoming rate cuts and a surge in chip stocks following Micron Technology’s positive forecast.
In economic data, U.S. jobless claims fell to 210,000, beating estimates of 215,000. The current account deficit narrowed to $194.8 billion, less than the expected $209 billion. Service PMI dipped to 51.7, and manufacturing PMI rose to a 21-month high of 52.5.
Nine of the S&P 500’s eleven sectors saw gains, led by industrials. Utilities and communications sectors lagged behind.
The Dow Jones Industrial Average gained 0.68% to close at 39,781.37. The S&P 500 was up 0.32%, ending the day at 5,241.53, and the Nasdaq Composite rose 0.20%, finishing the session at 16,401.84.
Asia Markets Today
On Friday, Japan’s Nikkei 225 index closed the session higher by 0.15% at 40,896.50, led by gains in the Paper & Pulp, Banking and Insurance sectors.
In Australia, the S&P/ASX 200 was down 0.15% and closed at 7,770.60, led by losses in the Energy, Gold and Resources sectors.
India’s Nifty 50 closed higher by 0.39% at 22,096.75, and the Nifty 500 rose 0.49% to 19,994.60.
China’s Shanghai Composite declined 0.95% to 3,048.03, and the Shenzhen CSI 300 was down 1.01%, closing at 3,545.00.
Hong Kong’s Hang Seng Index slipped 2.16%, concluding the day at 16,499.47.
Eurozone at 06:15 AM ET
The European STOXX 600 index was up 0.11%.
Germany’s DAX gained 0.14%.
France’s CAC slid 0.07%.
U.K’s FTSE 100 traded higher by 0.96%.
Commodities at 06:15 AM ET
Crude Oil WTI was trading higher by 0.01% at $81.09/bbl, and Brent was down 0.02% at $85.75/bbl.
Natural Gas was down 0.36% to $1.678.
Gold was trading lower by 0.77% at $2,167.90, Silver declined 0.98% to $24.764, while Copper was down 1.02% at $4.0172.
US Futures at 06:15 AM ET
Dow futures were up 0.08%, S&P 500 futures climbed 0.11%, and Nasdaq 100 Futures rose 0.13%.
Forex at 06:15 AM ET
The U.S. Dollar Index gained 0.96% to 104.41, USD/JPY was down 0.01% to 151.60, and USD/AUD rose 0.87% to 1.5353.
Gold Corrects to the Downside and as Aggressive Buying Runs Out of Steam
The gold (XAU) price dropped by 0.24% on Thursday as traders took profit on their long positions after a very strong 3-week rally.
has risen by more than 10% since mid-February, but the bullish trend seems to be slowing as the gold price failed to hold above the pivotal 2,195 level.
“Overnight aggressive buying seems to have run out of steam, and gold prices are correcting, given that rates markets have only marginally discounted the risk of more rate cuts for 2024,” said Daniel Ghali, the commodity strategist at TD Securities.
Still, the overall sentiment in the gold market is decisively bullish, as almost all major central banks plan to reduce interest rates in 2024, while safe-haven flows remain strong due to geopolitical risks.
“The mood in the market is very bullish. So your hedge funds or any other short-term traders or trend followers are positioned for higher prices, and I think this is the segment that is in the driving seat while the physical gold market is rather soft,” said Julius Baer analyst Carsten Menke.
The main risk for gold is that investors’ interest rate expectations may begin to change. Indeed, yesterday’s higher-than-expected US Purchasing Managers’ Indices (PMI) figures triggered a downward correction in gold because data indicating a strong economic expansion decreases the chances of interest rate cuts.
XAU/USD was falling during the Asian and early European trading sessions. Today, the economic calendar is rather uneventful. However, Jerome Powell, the Chairman of the Federal Reserve, will give a speech at 1:00 p.m. UTC. His remarks may trigger some volatility in the market, but he will unlikely say anything new.
“Spot gold may retest support at $2,167 per ounce, a break below which could open the way towards $2,152–$2,161 range,” said Reuters analyst Wang Tao.
EUR/USD Declines on Better-Than-Expected US PMI Figures
The euro (EUR) lost 0.53% on Thursday as the US Purchasing Managers’ Index (PMI) report came out better than expected, and the figures were substantially higher than the eurozone’s data.
After rising briskly due to the dovish interest rate projection by the Federal Reserve (Fed) on Wednesday, declined yesterday. The latest economic data indicated that the US economy was doing much better than the eurozone’s, suggesting that interest rates in the US will eventually remain higher compared to Europe. Thus, investors are starting to favor the again. According to interest rate swap market data, traders are pricing in 90 basis points (bps) worth of rate cuts by the European Central Bank (ECB) and only 80 bps worth of reductions by the Fed in 2024. Furthermore, yesterday’s Swiss National Bank (SNB) decision to cut the rates may have had an additional bearish impact on the euro.
EUR/USD was falling during the Asian and early European trading sessions. Today, traders will receive more clues on the health of the eurozone economy when Germany publishes its Ifo Business Climate report at 9:00 a.m. UTC. Better-than-expected figures will likely trigger a minor upward correction in EUR/USD but probably no higher than 1.08700. Conversely, worse-than-expected data will put an additional bearish pressure on the pair, potentially pulling towards 1.08000.
Bitcoin Drops as the US Dollar Rises After an Unexpected SNB Rate Cut
On Thursday, (BTC) declined due to the strengthening US dollar and lost some gains made on Wednesday when the dovish Federal Reserve’s outlook pushed the pair higher.
The US dollar strengthened after an unexpected rate cut of 25 basis points by the Swiss central bank, and this may have influenced the decrease. This move negated the significant decrease the US dollar experienced on Wednesday when Fed Chair Jerome Powell expressed a dovish stance on the monetary policy as US inflation exceeded the forecast. Thus, the strengthening of the US dollar on Thursday could be attributed to investors’ anticipation that some major central banks might start cutting rates before the Fed does, as pointed out by the macro analyst Michael Kao.
Bernstein, a research and brokerage firm, adjusted its year-end prediction for Bitcoin’s price, raising it from 80,000 to 90,000 due to positive changes in market dynamics and the recent upward trend in cryptocurrency. Analysts Gautam Chhugani and Mahika Sapra noted that several factors support an optimistic outlook on BTC: strong inflows into exchange-traded funds, low miner leverage, and high network transaction fees this cycle. They believe these conditions have diminished the impact of halving on miners, allowing for sustained dollar revenues.
“Given general bull market conditions with strong ETF inflows, low miner leverage, and robust network transaction fees this cycle, the halving impact seems relatively mild on the miners, with dollar revenues cushioned,” Chhugani and Sapra said in a statement.
Although Bitcoin has dropped from its peak of over 73,000 last week, many analysts still predict a significant recovery for the cryptocurrency by the end of the year.
BTC/USD rose slightly during the Asian and early European trading sessions. Currently, Bitcoin enthusiasts have managed to overturn the decline observed on 19 March. Optimistic market participants are now seeing 73,800 as a potential short- to medium-term target.
Gold prices opened on the Multi Commodity Exchange (MCX) on Friday at Rs 66,057 per 10 grams and hit an intraday low of Rs 66,004. In the international market, prices hovered around $2,174.08 per ounce.
Meanwhile, silver opened at Rs 74,775 per kg and hit an intraday low of Rs 74,508 on the MCX. In the international market, the price hovered around $24.57 per ounce.
Gold and silver prices surged significantly. Gold touched an all-time high of Rs 66,940, surging by around 1200 hours from Rs 65,750, and silver touched Rs 78,000 in morning trade. However, average trading was seen at Rs 76,400, up by more than 1300 hours in response to the US Federal Reserve’s decision to keep interest rates unchanged.
Jateen Trivedi, VP Research Analyst, LKP Securities, “Following Fed rate announcement, prices rallied from $2,157 to $2,210, marking a notable $53 increase. This bullish momentum was driven by dovish commentary from Fed Chair Jerome Powell, who hinted at the possibility of three rate cuts.”
“Powell hinted that the Fed will soon be seeking to dial down the rate of QT, though he did not say when. Based on the CME Fed watch tool, traders were pricing in a 73.4% possibility that the Fed will cut rates for the first time as early as June. Speculative buying and short squeeze led the gold prices to cross previous highs of $2200 and this rally is expected to continue to $2,350 in the short term,” said Sachin Kothari, Director at Augmont.
Manav Modi, Analyst, Commodity and Currency, MOFSL, said, “Gold eased slightly, hitting pause after a blistering rally amidst Federal Reserve Chair Jerome Powell hinted that the central bank was on course for three interest rate cuts in 2024.”
Despite recent high inflation readings, Governor Powell said the central bank is still likely to reduce interest rates by three-quarters of a percentage point by end-2024.
The US Central Bank raised the inflation and growth forecast, mentioning that inflation is still sticky and the Fed will continue to be data-dependent.
Modi said, “Traders are now pricing in a 72% chance that the Fed will begin cutting rates in June, up from 55% before the rate decision. The sentiment of at least a 75bps rate cut this year gave a boost to safe-haven assets, and with that, the Fed also hinted at slowing the balance sheet runoff soon.”
After a good run-up, both Gold and Silver witnessed some profit booking. The Dollar Index also inched higher from the recent low of ~102.90.
On the data front, preliminary Manufacturing and Services PMI was reported better than expected. It will now be important to see how the Fed officials prepare the market.
Amit Khare, Associate Vice President at GCL Broking, said, “April Gold closed positive at Rs 66,189(0.66%), and May Silver closed negative at Rs 75,081 (-0.35%). Yesterday Gold made life time high of Rs 66,943; as per the daily chart, Bullions are trading in the mix zone, and Gold is looking strong while Silver is looking weak; the Momentum Indicator RSI also indicates the same; below are the important levels for the day: Gold April Support Rs 65,900/65,700 and Resistance Rs 66,200/66,400. Silver May Support Rs 74,400/74,000 and Resistance Rs 75,500/76,000.”
Garena Free Fire MAX redeem codes for Friday, 22 March 2024 are now available on the official rewards page, reward.ff.garena.com. Players who want to win different rewards like gold, diamond, skins, characters, and other freebies must visit the aforementioned redemption website to claim these codes.
Garena Free Fire MAX game gained immense popularity in the country after Garena Free Fire was banned by the Indian government. Participants must note down that the Garena FF codes have an expiry limit of 12-18 hours after which they become non-functional.
The developer of Garena Free Fire MAX game, 111 Dots Studio, has established guidelines for obtaining the redemption codes. The 12-character alphanumeric Garena redemption codes can be claimed by 500 registered gamers per day.
