Gold suddenly took the biggest jump till date, know what is the price of your city after the record breaking rise.

Business News Desk!!! Gold has once again broken the record. Before the festivals, the price of gold and silver (Gold Silver Price Today) is continuously increasing. Know what their price has become today and what is the reason for this increase.

The record price of gold and silver remains at its highest level till date. On October 23, 2024, the price of gold reached a new record level (Gold News). It is known that a day ago silver had crossed the level of one lakh rupees. Know what level gold has reached today.

Gold price today on MCX reached a record of Rs 78760 per 10 grams. At the same time, the December futures of silver (silver rate today) is close to Rs 1 lakh per kg. There is a rise in gold in the global market also. Know how much the prices have increased there and what are the reasons for this increase.

On COMEX, gold rose 0.17 percent to $ 2,764.40 an ounce. But silver is currently trading in decline at $34.95. Gold has gained momentum despite the US dollar remaining at its highest level in more than two months.

Why is gold becoming expensive? According to market experts, the rise in gold prices is due to increasing investment demand. According to analysts, investors are keeping an eye on the ongoing changes in the Middle East. Apart from this, the ongoing uncertainty regarding the US presidential elections and the possibility of rate cuts by central banks are also having an impact on gold.

Why did the price of silver rise? Along with these signals, silver is also being affected by increasing industrial demand. Along with this, demand for silver jewelery and silver utensils is also increasing.