Business Desk – Gold Silver Price Today: The effect of increasing tension in the Middle East is being seen on the prices of gold and silver in the global market. On Wednesday morning, a decline was recorded in both the precious metals in the international commodity market COMEX. There is continuous volatility in the market due to rising tensions between America and Iran, rise in crude oil prices and increasing apprehensions regarding interest rates.
Gold and silver fall on Comex
On Wednesday, gold fell 0.92 percent on Comex and was seen trading at $ 4,119.20 an ounce. Whereas silver fell by 1.59 percent to $ 60.355 per ounce. Even before this week, sharp fluctuations have been seen in both the metals.
Why are the prices of gold and silver changing?
According to market experts, investors’ concerns have increased once again due to increasing tension in the Middle East. After the attacks on tankers in the Strait of Hormuz, America has intensified action against Iran. America has also withdrawn the exemption given to Iran from oil sanctions. Due to these incidents, the prices of crude oil have again increased in the international market. Due to this, the fear of inflation and increase in American interest rates has also increased, which is having a direct impact on the prices of gold and silver.
What were the prices on MCX?
On Tuesday, on the domestic futures market MCX, gold closed at Rs 1,45,375 per 10 grams and silver at Rs 2,30,829 per kg.
Gold and silver price in your city today
Delhi
24 carat gold: Rs 14,540 per gram
22 carat gold: Rs 13,329 per gram
18 carat gold: Rs 10,908 per gram
Silver: Rs 2,44,800 per kg
Mumbai
24 carat gold: Rs 14,525 per gram
22 carat gold: Rs 13,314 per gram
18 carat gold: Rs 10,893 per gram
Silver: Rs 2,44,800 per kg
Kolkata
24 carat gold: Rs 14,525 per gram
22 carat gold: Rs 13,314 per gram
18 carat gold: Rs 10,893 per gram
Silver: Rs 2,44,800 per kg
Bengaluru
24 carat gold: Rs 14,520 per gram
22 carat gold: Rs 13,324 per gram
18 carat gold: Rs 10,883 per gram
Silver: Rs 2,44,800 per kg
Chennai
24 carat gold: Rs 14,617 per gram
22 carat gold: Rs 13,399 per gram
18 carat gold: Rs 11,199 per gram
Silver: Rs 2,49,900 per kg
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