Gold Silver Rate: Trading is seen with a fall in the rate of gold and silver today. You can know the latest rates of both gold and silver precious metals here.
Gold Silver Rate: Gold is visible with a significant decline today. The price of gold has fallen by about Rs 250 and along with this there is weakness in silver as well. Silver rates are also seen in the lower range. If we look at today’s trading in the commodity market, the prices of both the precious metals are down. Check how much fall is being seen in the prices of gold and silver.
How are gold prices on MCX
On the Multi Commodity Exchange, gold fell by Rs 244 and fell 0.42 percent to Rs 58505 per 10 grams. If we look at its today’s lower level, it had fallen till Rs.58401. At the same time, gold had reached Rs 58437 in the upper range. These gold prices are for its October futures.
View Silver Rates
If we look at the price of bright metal silver, it remains at Rs 69570 today. Its rate has seen a decline of Rs 152 or 0.22 per cent. If you look at the price of silver below, it went up to Rs 69376 today and the rate of silver reached up to Rs 69619 above. These prices of silver are for its September futures.
Condition of gold and silver in international market
In the international market, gold was showing a decline at $ 1,904 an ounce yesterday, while silver rose sharply to $ 22.70 an ounce.
According to PTI, Mohammad Imran, Research Analyst, BNP Paribas by Sharekhan, said that the attractiveness of investing in gold has decreased due to better than expected US economic data, due to which gold prices have fallen around US $ 1,900. On the other hand, HDFC Securities Senior Analyst (Commodity) Saumil Gandhi said that investors will now form an opinion about their investment in precious metals based on the details of the US Federal Reserve’s July meeting.
