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Gold Silver Price on 05 January 2022: In the last five days, a tremendous rise in the price of gold is being registered. Gold in MCX has become costlier by more than Rs 750 in five days. Even today the gold price is seeing a rise (Gold Price Today). Talking about silver, a decline has been registered in the initial trade. After this, a rise has also been seen in the price of silver. Talking about today’s price on Multi Commodity Exchange (MCX), today gold opened at Rs 55,794 per 10 grams. With its opening, a gain of 0.19 percent has been recorded. On the other hand, if we talk about silver, it has registered a decline with the opening of the market and it opened at Rs 69,330 with a slight decline of 0.08 per cent.
Talking about 11:30 in the morning, 24 carat gold is trading fast and it is currently at Rs 55,802 per 10 grams. On the other hand, talking about silver, it is currently trading at a fast pace and at 11:30 am it is trending at Rs 69,348. Talking about yesterday, gold closed at Rs 55,799 with a gain of 0.48 per cent. On the other hand, after a fall of 0.88 per cent i.e. Rs 670, the price of silver has closed at Rs 69,300.
What is the situation in the international market
Let us tell you that just like the Indian market, there is a rise in the international gold price and a fall in silver in the international market. Today, the spot price of gold has increased by 1.04 percent to reach $ 1,856.14 an ounce. On the other hand, if we talk about silver, today it has fallen by 0.92 percent to reach $ 23.75 per ounce.
Know what is the condition of bullion market?
Let us tell you that on Wednesday, a rise in the price of gold has been seen in Delhi’s bullion market. Gold yesterday closed at Rs 56,130 per piece with an increase of Rs 378. On the other hand, if we talk about silver, it has closed at Rs 70,675 in Delhi yesterday with an increase of Rs 47. On the other hand, gold had closed at Rs 55,752 on Tuesday. According to experts this year 2023 Gold price is expected to cross Rs 60,000.
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