Gold latest price: At present, the price of gold is at the lowest level of two and a half months. There is a steady rise in the dollar. Gold has been trading in a certain range for some time now.
Gold rate today: There was pressure on the price of gold this week and it kept trading in a range. On Friday, when the market closed, gold for August delivery on MCX closed at Rs 46956 per ten grams with a rise of Rs 86 (Gold latest price). Similarly, gold for delivery in October rose by Rs 85 to close at Rs 47253.
Last week, gold closed at Rs 46958 level (Gold price today). This week it closed at Rs 46925 level. In this way, its price fell by Rs 28 in a week. At present, the rate of gold is the lowest since April 14. The closing price of gold on 14 April was Rs 46831 and on 15 April was Rs 47401. Accordingly, gold is currently at the lowest level of about two and a half months.
Gold rises by 0.50 percent in the international market
On a weekly basis, a 0.50 percent increase in gold was recorded in the international market. On the last day of the week, it closed with a gain of $ 5 at the level of $ 1781.70 per ounce. In the international market too, gold is still at the lowest level of two months. On April 25, it closed at the level of $ 1769 per ounce. Silver also rose 0.45 percent this week and closed at $ 26.18 an ounce on the last day.
Silver also rises
Silver also saw a rise in the last trading session of the week. Silver for July delivery rose by Rs 167 to close at Rs 67900 per kg. Similarly, silver for September delivery rose by Rs 242 to Rs 68991 and for December delivery by Rs 691 to close at Rs 70989.
dollar rises
The dollar index has declined 0.40 percent on a weekly basis. This week the dollar index closed at the level of 91.797. The 10-year US bond yield closed at 1.524. Crude oil broke the record and it closed at the level of $ 76.12. This is the highest level since October 2018. Crude oil is currently at a 33-month high.
