Gold Silver Price: There was a slight increase in the prices of gold and silver during early trading today. On Multi Commodity Exchange of India (MCX), gold was seen trading with a rise of more than Rs 500, while a rise of around Rs 2,000 was recorded in silver.
condition of gold on mcx
Gold for delivery on April 2 had closed at Rs 1,55,761 per 10 grams in the last session and opened at Rs 1,55,132 today. It touched a low of Rs 1,55,116 and a high of Rs 1,56,312 in early trade. At around 10 am, it was trading at Rs 1,56,287 per 10 grams with a rise of Rs 526 or 0.34%.
Strong rise in silver
Silver for delivery on March 5 had closed at Rs 2,44,268 per kg in the last session and opened at Rs 2,42,439 today. However, later there was a sharp rise in it and it reached Rs 2,46,214. At 10:04 am it was trading at Rs 2,45,300 per kg, up Rs 1,032 or 0.42%.
impact of international market
Ahead of the important inflation related report in America, the dollar strengthened, which had an impact on the bullion market. Spot gold was trading 0.4% lower at $4,961.57 an ounce, while spot silver fell 0.5% to $76.83 an ounce. In the last session, silver had fallen by more than 5%.
Gold rates in major cities (8 grams)
Delhi
22 carat: Rs 1,13,192
24 carat: Rs 1,23,472
Mumbai
22 carat: Rs 1,13,072
24 carat: Rs 1,23,352
Chennai
22 carat: Rs 1,13,832
24 carat: Rs 1,24,184
Hyderabad
22 carat: Rs 1,13,144
24 carat: Rs 1,23,352
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