Gold Silver Price Today: There has been a huge fall in the prices of gold and silver on Monday. Gold has become cheaper on mcx by so much rupees
There is a huge fall in the prices of gold and silver on Monday. The price of gold has become cheaper by about Rs 300 on MCX. The price of 10 grams of gold is trading at the rate of Rs.59500. Similarly, softening is being seen in the prices of silver. Silver is also cheaper by Rs 200 on MCX and is trading at Rs 71817 per kg.
Gold price in international market
Selling in the prices of gold and silver is also being seen in the international spot market. Gold price on Comax is trading at $1960 per ounce. Similarly, Chand is also trading at the rate of $24 per ounce. Its price is currently trading at $ 23.62 per ounce. Due to the US job figures, there is a jump in the bond yield. Due to this, pressure can be seen on the bullion market.
Outlook on gold and silver
According to Anuj Gupta, an expert in the commodity market and Vice President of IIFL Securities, gold and silver prices can see a sharp jump ahead. So go shopping.
MCX has a target of Rs 60000 per 10 grams on August contract of gold. Buy it near Rs 59400 level with a stoploss of Rs 59050. Similarly, there is a target of Rs 72500 per kg for silver. There is a stoploss of Rs 70500 for this.
Check rates like this
You can also check the price of gold sitting at your home. According to the Indian Bullion and Jewelers Association, you can check the price by just giving a missed call on 8955664433. Your message will come on the same number from which you message.
Keep in mind this important thing
If you are also going to buy gold in the market, then buy gold only after seeing the hallmark. You can also use the government app to check the purity of gold. Through ‘BIS Care app’ you can check the purity of gold whether it is real or fake. Apart from this, you can also complain through this app.
