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Gold Rates: Strong enthusiasm is being seen in the bullion market today because the prices of both gold and silver precious metals are trading on the rise today. Gold is trading with a jump of around 0.84 percent and silver by around 1.66 percent. A jump of around Rs 1200 is being seen in silver today. This rise in gold is being seen due to increase in global demand and demand in the country as well.
Where are the prices of gold and silver
Today, if we look at the price of gold on the Multi Commodity Exchange, it is trading at the rate of Rs 55640 per 10 grams with a gain of Rs 462 or 0.84 per cent. On the other hand, talking about the rise of silver, today the price of silver has come down to Rs 70728 per kg with an increase of Rs 1157 or 1.66 per cent.
gold reached 2 year high
Gold prices in India have reached a two-year high today and these levels are being seen after the rise in global demand. Let us inform that the all-time level of gold was seen in August 2020 and it had come to the level of Rs 56200 per 10 grams.
How are the prices of gold and silver in the global markets
A tremendous jump is being seen in gold today in the global markets as well and it has reached a 6-month high. This is also seen due to the stability of the dollar index. Due to the fall in the dollar, the enthusiasm of investors moves towards safe investment and it has been seen like this. If we look at the global rate of gold today, it is being seen on Comax at $1846.25 an ounce with a rise of $20.25 i.e. 1.11%. Silver prices are also trading with a boom in the global markets today. On Comax, silver is trading at $ 24.545 an ounce with a gain of $ 0.530 or 2.19 percent.
Tremendous boom is coming in gold – know this figure
Dollar index has been trading with weakness for almost 3 months and since then gold prices are seeing a jump. Gold prices on MCX have come down from Rs 50,000 to Rs 55,000 per 10 grams during this period and have seen a jump of 10 per cent in the last quarter.
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