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Gold Silver Rate: A strong jump is being seen in the prices of gold and silver even today and the prices of both the precious metals are going up. Gold has come very close to Rs 56,000 today and the price of silver has crossed Rs 70,000. Today, gold is trading with a boom in the global markets as well and due to the increased demand in the domestic bullion market, the prices of gold and silver are rising.
where are the gold prices
With a jump of Rs 377 or 0.68 per cent, gold prices on the Multi Commodity Exchange have come down to Rs 55,907 per 10 grams. Gold can soon touch the level of Rs 56,000 and can also cross its all-time high.
how are the prices of silver
There is a strong rise in the price of silver on the Multi Commodity Exchange. Silver is trading with a gain of Rs 465 or 0.67 per cent. Today you will have to spend Rs 79382 per kg for silver.
What are the global rates of gold and silver
Gold rates are trading at $ 1,863.65 an ounce on Commax with a jump of 17.90 points, or about one percent. Apart from this, looking at silver, Fmcsx is seeing a rise of 0.55 percent and it is trading at $ 24.375 an ounce.
What is the expert’s view on gold
Dr. Ravi Singh, VP Head of Research, SHARE India says that after starting with a rise in gold today, levels of 55500-55550 can be seen. Gold can also go up to 55300-55800 during the day’s trading. Today the outlook for gold is bullish.
To buy: Buy above Rs 55600, target 55800, stoploss 55500
To Sell: Sell below 55200, target 55000, stoploss 55300
Support 1- 55270
Support 2- 55015
Resistance 1- 55790
Resistance 2- 56055
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