Gold Silver Price: People have got relief after the gold rate reached below the psychological figure of Rs.60000. Although the level of silver is still above 71 thousand. Earlier on Friday, the rate of gold had closed at Rs 59353 per 10 grams and silver at Rs 71229 per kg.
The process of continuous decline in the price of gold continues. Gold fell so much on Monday that it fell below the record level of Rs 60,000. Apart from this, a boom is being seen in silver. However, on the first trading day of the week, there is a rise in gold and silver on MCX. People planning to buy gold and silver jewelery will benefit after the fall in prices. For some time, there is a period of ups and downs in the rate of gold and silver. Experts are expecting this walled gold to reach the level of Rs 65,000.
Gold and silver rose on MCX
Gold and silver rates saw a rise on the Multi-Commodity Exchange (MCX) on Monday. Gold on MCX rose by Rs 162 to Rs 59515 per 10 grams and silver is trending at Rs 71453 per kg with a rise of Rs 224. People have got relief after gold rate reached below the psychological figure of Rs.60000. Although the level of silver is still above 71 thousand. Earlier on Friday, the rate of gold had closed at Rs 59353 per 10 grams and silver at Rs 71229 per kg.
Mixed trend in bullion market
Gold and silver rates are published daily on https://ibjarates.com by Sarafa Bazar. According to the rate released on Monday, gold reached Rs 170 to Rs 59973 per 10 grams. Similarly, silver rose by about Rs 470 to reach Rs 70969 per kg. On Friday, gold closed at Rs 60142 per 10 grams and silver at Rs 70500 per kg.
On Monday, a rise was also recorded in 23 carat gold. With this, 23 carat gold became cheaper at Rs 59733 per 10 grams, 22 carat gold at Rs 54935 and 20 carat gold at Rs 44979 per 10 grams.
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