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Gold Silver Price on 29 December 2022: Today, due to global signals, a decline has been recorded in the Indian stock market. On the other hand, if we talk about gold and silver, today in the Multi Commodity Exchange (MCX), where an increase has been registered in the price of gold. At the same time, a decline in the price of silver was recorded in the early trade. After this, a steady rise in silver is also being registered. First of all, talking about gold, today 24 carat gold has opened at Rs 54,720 per 10 grams. Talking about 11:30 am, it is trading at Rs 54,790 per 10 grams with a speed of 0.05 percent. On the other hand, talking about silver, a fall in the price of silver was recorded in the initial trade and it opened at Rs 68,996 per kg and then fell to Rs 69,030. Currently 11:30 silver is trading at Rs 69,070 per kg.
How was the market yesterday?
Yesterday, a decline of 0.39 per cent was recorded in the gold price in the MCX market and it closed at Rs 54,761 per 10 grams. On the other hand, talking about silver, in the last trading session, a fall of Rs 674 was recorded in the rate of silver and it has closed at Rs 69,127. At the same time, both are trading on the green mark.
What is the condition of gold and silver in the international market?
A decline in the prices of both gold and silver has been registered in the international market on Thursday. In the international market, gold prices have registered a decline of 0.24 per cent and it is currently trading at $1,807.97 an ounce. On the other hand, if we talk about silver, it is also currently trending on the red mark and today it has registered a decline of 1.73 percent and it is currently trending at $ 23.63 an ounce.
Gold and silver fell in bullion market
On Wednesday, gold closed at Rs 55,124 per 10 grams with a loss of Rs 5 in the Delhi bullion market. In the previous session, the price of gold was Rs 55,129 per 10 grams. Silver also closed at Rs 70,048 per kg, showing a decline of Rs 332. Analysts believe that the strength in the dollar weighed on gold prices. Navneet Damani, senior vice-president, commodity research, Motilal Oswal Financial Services, says bullion business is expected to remain sluggish ahead of the Christmas and New Year holidays.
What is the condition in bullion market-
Let us tell you that on Wednesday, a decline has been registered in the bullion market of Delhi. Yesterday, gold closed down at Rs 55,124 per 10 grams. Yesterday, a slight fall of Rs 4 has been recorded in the price of gold. On the other hand, if we talk about silver, its price has declined by Rs 332 in the bullion market and it has closed at Rs 70,048. According to experts, further slowness can be seen in the price of gold and silver till the new year.
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