Top cities of India like Delhi and Ahmedabad, the price of gold is around Rs 58,800 per 10 grams and the price of silver is Rs 72,500. Delhi got relief for the falling of Gold and Silver Price on the Multi Commodity Exchange (MCX)
Multi Commodity Exchange (MCX) Gold opened on Friday at Rs 57,382 per 10 grams and goes to low at Rs 57,290. In the international market, prices at one place around $1865.79 per troy ounce and silver price opened at Rs 71,149 per kg, goes to an intraday low of Rs 71,149 on MCX, and placed around $22.82 per troy ounce in the international market.
Head of commodity and currency at HDFC Securities Anuj Gupta, , said ETMarkets that gold futures are down Rs 2,246 on a monthly basis, while they have risen Rs 2,111 on yearly basis. He told that as far as silver futures are concerned, the decline in September has been of Rs 5,082. Rs 1,187 increase has been in this year.
Associate Vice President at GCL Broking Amit Khare, said, “Bullion’s daily charts are trading in oversold zone. We could see a good short-covering rally in bullions anytime.”
Trading of Gold futures on Comex at $ 0,30.0 an ounce, up $ 02.1, on Thursday, while silver futures were up $ 0.029, or 0. at $ 22.695. Comex prices are at one-month low.
Gold futures closed in October at Rs 440,0 and down Rs 75 per 843 grams, while silver futures in December closed at Rs 61,0, down Rs 09 per kg.
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