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Gold Silver Rate: After seeing the historic high in the price of gold yesterday, even today gold is trading with a slight jump. The uptrend in silver prices is also intact. Know how much you will have to loose your pocket to buy gold and silver today.
what is the gold rate on mcx
Gold and silver rates are seeing a rise today on the Multi Commodity Exchange. Talking about gold, today it is trading with a strength of Rs 28 or 0.05 per cent. Gold is trading today at the rate of Rs 61521 per 10 grams. In this, business was seen at the rate of Rs 61412 on the lower side and Rs 61629 per 10 grams on the upper side. These gold prices are for its June futures.
what is the silver rate on mcx
Silver is also trading with a boom today on the Multi Commodity Exchange. Today, silver is available at the rate of Rs 78234 per kg with an increase of Rs 196 or 0.25 percent. Today, a low of Rs 78074 has been seen in silver and it went up to Rs 78292 per kg. These prices of silver are for its July futures.
Gold reached all-time high yesterday
Gold prices again reached record high levels on Thursday. Due to the rapid rise in the prices of gold in the international market, the prices in the domestic market had reached Rs 62000 per 10 grams. On Thursday, a jump of Rs 940 was seen in the price of gold in the bullion market and it went above the level of Rs 62,000 per 10 grams.
Why is the price of gold rising
After the US Federal Reserve increased the interest rates, bond yields were seen to increase and its effect came on precious metals like gold and silver. There was a huge jump in their prices and there was a huge increase in their prices in the Indian market as well.
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