Gold Price Today: There is a slight increase in the prices of gold and silver on Tuesday. The price of gold on MCX has risen by Rs 48 and is trading at Rs 58325 per 10 grams.
Gold Price Today: There is a slight increase in the prices of gold and silver on Tuesday. The price of gold on MCX has risen by Rs 48 and is trading at Rs 58325 per 10 grams. Similarly, a rise was also seen in the prices of silver. Silver rate on MCX has increased by Rs 248 to reach Rs 69560 per kg.
Gold rate in international market
There is a rise in the prices of gold and silver in the international market as well. The gold rate on Comax has crossed $1930 per ounce with a slight jump. Similarly, the price of silver is also beyond 23 dollars. Silver is trading at $23.15 per ounce on Comax. The reason for the rise in the prices of both is the weak economic data.
What is the opinion of the expert?
Ajay Kedia of Kedia Commodities said that further rise in the prices of gold and silver can be seen. Gold rate on MCX can reach up to Rs 58450 per 10 grams. There is a buy opinion for this with a stoploss of Rs 58000. Along with this, a target of Rs 70800 has been given on silver with a stop loss of Rs 69600.
